basic form policy

A policy that offers limited coverage against loss.

• A basic-form policy generally covers damages from fire, windstorm, explosion, riot, aircraft, vehicles, theft, or vandalism.

— Also termed limited policy; specific policy.

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词条贡献者

双语律师Max，国际知名法学院法律专业，擅长翻译各类与航空航天、国防及政府服务相关的法律文件。