Legal · last updated
21 October 2026
Sample policy (demo)
A one-page wind schedule: the five numbers, the three tiers and how a payment is made. Demo wording, to replace with your own.
This is an example document written for a fictional company (Tripline Underwriting Ltd). Have it reviewed by a lawyer and adapted to your business, tools and jurisdiction before you publish it.
Demo document. Tripline Underwriting Ltd is a fictional company from a website template. Replace this page with your own policy wording before you publish.
1. Schedule
Insured location: Cell FL-0417 · Tampa Bay · 27.95°N 82.46°W · 10 × 10 km
Index: 10-minute sustained wind in km/h, the agreed value of three sources.
Sources: ground station, NOAA satellite imagery and radar. Two of three must agree within ±3 %; the agreed value is the median.
Strike: 150 km/h · Exit: 189 km/h · Limit: $250,000 per event · Period: 12 months from inception.
2. Payment tiers
Tier 1, from 150 km/h: 25 % of the limit, $62,500.
Tier 2, from 168 km/h: 50 % of the limit, $125,000.
Tier 3, from 189 km/h: 100 % of the limit, $250,000.
3. How a payment is made
When the index in the insured cell crosses the strike, an independent calculation agent checks the tier against this schedule and signs. Payment is sent to the account on file. No claim form, no adjuster, no proof of loss.
4. Basis risk
The payment follows the index, not the loss. A loss can happen without the index crossing the strike, and the index can cross the strike with a smaller loss. Read the policy disclosures before you buy.
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