I never paid much attention to the insurance policy on my cell phone.
But recent events make me wonder whether I'm adequately covered:
This insurance does not apply to loss or damage caused directly or
indirectly by any of the following:
a. Governmental Authority Seizure
or destruction of property by order of governmental authority.
Nuclear Hazard Nuclear reaction or radiation , or radioactive
contamination, however caused. If physical loss or damage by fire
ensues, we will pay only for such ensuing loss or damage.
What's the difference between a nuclear holocaust that melts your phone
instead of causing it to burst into flame? And who's going to be around
to process the claim?
(1) War, including undeclared or civil war;
action by a military force; or
(3) Insurrection, rebellion,
revolution, usurped power or action taken by governmental authority in
hindering or defending against any of these.
Technically, the United States hasn't been in a declared war since World
War II, so this is a bit fuzzy. Who, precisely, determines what's a
"warlike action by a military force?" As for "insurrection," etc., does
that mean if someone steps on my phone at a Tea Party or ACLU rally that
I'm out of luck?
Then there's this:
IMPORTANT NOTICE TO POLICYHOLDERS-
INSURANCE ACT OF 2002
You are hereby notified that, under
the Terrorism Risk Insurance Act of 2002, as amended, we must make
terrorism coverage available if your policy covers commercial property.
However, the actual coverage provided by your policy for acts of
terrorism, as is true for all coverages, is limited by the terms,
conditions, exclusions, limits, other provision of your policy, any
endorsements to the policy and generally applicable rules of law. Any
terrorism coverage provided by this policy may be partially reimbursed
by the United States Government under a formula established by Federal
Law. If applicable, under this formula, the United States Government
will pay 85% of covered terrorism losses exceeding a statutorily
established deductible paid by insurers until such time as insured
losses reach the $100 billion cap that limits U.S. Government
reimbursement as well as insurers' liability for losses. If that occurs,
your coverage may be reduced. You will not be required to pay a premium
for terrorism coverage at this time. If a premium is going to be charged
for terrorism coverage, we will provide you with advance notification of
what that premium will be.
Oh, what the hell. The cellular network will have collapsed, anyway.
Have a great Monday.
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