- valued amount policy
- police fixe, police à valeur agréée, police en valeur agréée (2e)
English-French insurance dictionary. 2013.
valued amount policy
Regardez d'autres dictionnaires:
Valued Marine Policy — A type of insurance coverage that places a specific value on the insured property, such as the hull or cargo of a shipping vessel. A valued marine policy pays up to, or in its entirety, the specified value in the event of a total loss. It differs … Investment dictionary
policy — pol‧i‧cy [ˈpɒlsi ǁ ˈpɑː ] noun plural policies 1. [countable] also inˈsurance ˌpolicy INSURANCE a contract with an insurance company, or an official written statement giving all the details of such a contract: • She did not realize that her… … Financial and business terms
valued policy — n: an insurance policy in which the insurer and insured agree on a stated amount that will be paid in the event of a future loss instead of an amount that would have to be proven as the actual loss Merriam Webster’s Dictionary of Law. Merriam… … Law dictionary
Valued-policy law — (Fire Insurance) A law requiring insurance companies to pay to the insured, in case of total loss, the full amount of the insurance, regardless of the actual value of the property at the time of the loss. [Webster 1913 Suppl.] … The Collaborative International Dictionary of English
valued policy law — n: a law requiring insurance companies to pay to the insured in case of total loss the full amount of insurance regardless of the actual value of the property at the time of the loss Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
valued insurance — ➔ insurance * * * valued insurance UK US noun [U] (also agreed value insurance, valued policy [C]) INSURANCE ► insurance for an amount agreed to by an insurance company at the start of an insurance period, rather than at the time property is lost … Financial and business terms
policy — The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance. See policy of insurance. This term, as applied to a law,… … Black's law dictionary
Valued Policy Law - VPL — A statute that requires insurance companies to pay the full value of the insurance to an insured entity in the event of a total loss. The Valued Policy Law does not consider the actual value of the insured property at the time of the loss;… … Investment dictionary
valued policy — noun Etymology: from past participle of value (II) : an insurance policy in which the insurer and insured agree upon a stated value in advance of a loss to be accepted as the measure of liability in case of a total loss * * * Insurance. a policy… … Useful english dictionary
valued policy — Insurance policy in which a definite valuation is by agreement of both parties put on the subject matter of the insurance and written in the face of the policy and such value, in the absence of fraud or mistake, is conclusive on the parties. One… … Black's law dictionary
valued policy — Insurance. a policy in which the company and the policyholder agree to the amount to be paid in the event of total loss of property, regardless of the value of the property. [1755 65] * * * … Universalium
