Cancellation
Termination of an insurance contract before its expiration date by either the insurance company or the policyholder.
Catastrophe
A sudden, severe disaster that causes a large loss.
Claim
A demand for payment under an insurance contract for the estimated or actual amount of loss.
Contents Coverage
In general, the contents of your home and other personal belongings owned by you or family members who live with you will be covered under the policy in an amount equal to 50% of the limit of liability carried on your dwelling. However, high valued personal property such as jewelry and cameras should be scheduled on the policy so that you are adequately protected to avoid the possibility of these items not being fully covered at the time of loss.
