Unfortunately the insurance business has turned out to be addicted to the practice of structure into approaches one condition or exemption upon another in the shape of a linguistic Tower of Babel. Recognizes who is a protected, the safeguarded's address, the guaranteeing company, what risks or property are secured, as far as possible, any applicable deductibles, the arrangement time frame and premium amount. We join different courts in discrediting a pattern which the two dives the protected into a state of uncertainty and weights the judiciary with the task of settling it.
As policy forms are reviewed by courts, the interpretations become more predictable as courts elaborate upon the interpretation of the same clauses in the same policy forms, rather than different policies from different insurers. In some areas such as directors and officers liability insurance and personal umbrella insurance there is little industry-wide standardization.