Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A major clause can stand on its own, whereas a subordinate clause relies on another part of the sentence and cannot stand on its own. For instance, ‘Helicopters can fly.’ This is a major clause. It ...

A relative clause can be used to give additional information about a noun. They are introduced by a relative pronoun like 'that', 'which', 'who', 'whose', 'where' and 'when'. For example: I won’t ...