According to ClimateWise, a global network of 28 insurance industry organizations, not only is 2017 likely to be the most expensive year on record due to natural disasters and extreme weather events all over the globe, but over the past decade only 30 % of catastrophic losses were insured, leaving a climate
risk protection gap of $ 1.7 trillion.
Not exact matches
It also appeals to C - suite executives, partners and highly compensated employees who may be at
risk of an income
protection gap with group LTD alone.
Additional liability
protection would allow you to eliminate the
risk of such a
gap.
Banks generally charge a small «
protection» or «
gap» fee to cover this
risk, usually as a function of the notional leveraged exposure.
Additional liability
protection would allow you to eliminate the
risk of such a
gap.