Wordings Library
Catastrophe
Clause explained
72-Hour Clause
Aggregates specified catastrophe losses occurring within a defined 72-hour period as one occurrence.
01
Meaning
Aggregates specified catastrophe losses occurring within a defined 72-hour period as one occurrence.
02
Why insurers use it
To create an event boundary for deductibles, limits, and reinsurance aggregation.
03
Effect on coverage
Can combine losses under one deductible or limit; wording may let the insured select when the period begins.
04
Illustrative example
A cyclone damages several insured locations over three days.
05
Claim consequence
The selected event window may materially change deductibles, limits, and the amount recoverable.
06
What the insured should negotiate or check
Check peril, geographic scope, start-time election, overlapping periods, and separate occurrence definitions.
Policy-wording boundary: This is educational analysis. Confirm the complete policy, schedule, endorsements, applicable law, and written insurer position for any specific placement or claim.