MaPoutine

MaPoutine t1_j25v0qn wrote

You don't need to be young or old to read the policy wording to see what it covers and what it excludes.

Read the article. There is nothing in this case that hinges on some super high technology that the court just doesnt understand.

Software is not covered under the wording of that Property policy (FYI it is meant to cover tangible things like buildings and machinery and its wording is clear that it doesn't cover intangible things). Software and the like is intangible and the insurance industry has a separate product which does cover software and cyber claims (cyber policies). Just because the company didn't buy a Cyber policy doesn't mean the Property policy has to cover something its wording excludes.

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