floating policy

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floating policy

n
1. (Insurance) (in marine insurance) a policy covering loss of or damage to specified goods irrespective of the ship in which they are consigned
2. (Insurance) another term for floater4
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.floating policy - an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
floater
insurance policy, insurance, policy - written contract or certificate of insurance; "you should have read the small print on your policy"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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References in periodicals archive
Floating Policy:- It is also known as open policy which is stamped and issued to clients having substantial turnover and a large number of dispatches can obtain continuous insurance cover under an open policy.
Marine Insurance Introduction
In the black market, $1 is sold at 28 SSP on Thursday, an increase by ten figures since the free floating policy was adopted by central bank and ministry of finance last month.
South Sudan gov't employees to get 300% pay increase
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