If I buy a HuRLO™ on the coastal county where I live or have my business and the hurricane makes landfall NOT in that county but in an adjacent county, will I receive any money or protection?
No. The only HuRLO™ buyers who receive any monies at settlement are those who hold an option on the particular county or region where the hurricane makes landfall first for each options series. To protect against harm caused by a hurricane that makes landfall in nearby or adjacent counties (or even more distant counties such as those located across a peninsula like Florida), you would need to buy options on each of those counties or regions. Of course, the more options a market participant buys, the more those options will cost.
Related Questions
- If I buy a HuRLO™ on the coastal county where I live or have my business and the hurricane makes landfall NOT in that county but in an adjacent county, will I receive any money or protection?
- Where do I obtain information on economic development/business assistance within the county?
- Is there a way to watch County meetings live on the internet?
