A new and improved insurance policy with a limit on the number of claims indemnified is herein disclosed. An insurance policy includes a limitation clause, wherein the policy is limited if more than a specified number of claims occur, incidents reported, or losses paid, wherein at least one limitation in the limitation clause is chosen from the group comprising: decreasing payment of defense costs, decreasing payment of loss amount, decreasing payment of both defense costs and payment of loss amount, and terminating the policy. An insurance policy includes a first coverage amount and at least a second coverage amount, the at least a second coverage amount being different than the first coverage amount, wherein the coverage amounts are not per claim coverage amounts. A re-insurance policy includes a coverage amount, the coverage amount insuring an associated primary policy provider against losses for at least a first claim subsequent to a specified number of claims.