Exercise 5.1: Insurance Coverage Audit

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[Verse 1]
Pull out every policy from your filing cabinet drawer
Property, liability, cyber, and more
Black swan scenarios lined up in a row
Time to match what you think you own

Each certificate promises golden protection
But the devil hides in clause inspection
Flood exclusions, act of God denials
Your coverage shrinks when chaos arrives

[Chorus]
Audit every line, map every gap
Real versus assumed, close the trap
Read the fine print, know what's excluded
When black swans strike, don't be deluded
Coverage audit, coverage audit
Know your true shield before you need it

[Verse 2]
Cyber policy says data breach covered
Until you read the nation-state buffer
Pandemic clause seemed comprehensive
'Til supply chain breaks proved expensive

Ambiguous language lawyers will exploit
"Reasonable care" and "acts we can't avoid"
Estimate the delta, calculate the void
Between what's promised and what's deployed

[Chorus]
Audit every line, map every gap
Real versus assumed, close the trap
Read the fine print, know what's excluded
When black swans strike, don't be deluded
Coverage audit, coverage audit
Know your true shield before you need it

[Bridge]
Earthquake, cyber-attack, pandemic wave
What percentage will your insurer waive?
Deductibles balloon when crisis hits
Your million-dollar policy might pay fifty cents

[Verse 3]
Business interruption sounds bulletproof
Until you discover the waiting period proof
Sixty days before payments commence
While your revenue bleeds through the fence

Create a matrix, scenario by scenario
Which policies respond, which ones say no
Document the gaps in stark black and white
Before disaster strikes in the night

[Chorus]
Audit every line, map every gap
Real versus assumed, close the trap
Read the fine print, know what's excluded
When black swans strike, don't be deluded
Coverage audit, coverage audit
Know your true shield before you need it

[Outro]
Assumed coverage lives in hopeful minds
Real coverage hides where small print binds
Audit now, before the storm
Knowledge keeps your business warm

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