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单词 valued policy
释义

Definition of valued policy in English:

valued policy

noun
  • An insurance policy in which a special amount, estimated and agreed when the policy is issued, is payable in the event of a valid claim being made, whatever the actual value of the claim may be.

Origin

Mid 18th century; earliest use found in Daily Gazetteer.

Definition of valued policy in US English:

valued policy

noun
  • An insurance policy in which a special amount, estimated and agreed when the policy is issued, is payable in the event of a valid claim being made, whatever the actual value of the claim may be.

Origin

Mid 18th century; earliest use found in Daily Gazetteer.

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更新时间:2024/12/28 11:20:56