floating policy
floating policy (1)流动保险单 一种对财产特定保险〔specific insurance〕进行补充的保单。当超出特定保险所保风险时，则该保单生效。其目的是对那些由于位置、数量经常发生变化而为特定保险不予承保的财产提供保险。 (2)(=blanket policy)
Search Results for: floating policy
floating policy
An insurance policy covering property that frequently changes in quantity or location, such as jewelry. — Also termed running policy; blanket policy.
bailee policy
A floating policy that covers goods in a bailee’s possession but does not particularly describe the covered goods.