valued-policy law love

valued-policy law

Definitions

from the GNU version of the Collaborative International Dictionary of English

  • 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.

Etymologies

Sorry, no etymologies found.

Examples

    Sorry, no example sentences found.

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.