valued policy

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val·ued policy

 (văl′yo͞od)
n.
An insurance policy requiring the insurer to pay the insured the full face value of the policy in the event of total loss, regardless of the actual value of the lost property.

valued policy

n
(Insurance) an insurance policy in which the amount payable in the event of a valid claim is agreed upon between the company and policyholder when the policy is issued and is not related to the actual value of a loss. Compare open policy
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Tenders are invited for printing and supply of money valued forms
The great extent to which our employees are valued forms the foundation of our company and is at the heart of our being able to provide exceptional service.
Salespeople count on positive word-of-mouth as one of their most valued forms of marketing, realizing that the sale is nearly made if a trusted source shared a good perception.