We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Omission

Categories: Regulations

It's not there. It should have been. But it was omitted. And this is a problem. Because without the "hold you harmless for acts of God" clause that was supposed to be in the insurance contract, now with this hurricaine that just hit and blew away 2/3 of the homes east of Tuscaloosa...well, you're liable, you forgetful insurance company.

And no, you can't point to it referring to the Irish tribe who migrated to a mission in California. The O'Missions are a nice family and they don't insure anything other than good golf games. And luck.



Find other enlightening terms in Shmoop Finance Genius Bar(f)