Definition of Floating policy
1. Noun. An insurance policy covering loss of movable property (e.g. jewelry) regardless of its location.
Floating Policy Pictures
Click the following link to bring up a new window with an automated collection of images related to the term: Floating Policy Images
Lexicographical Neighbors of Floating Policy
Literary usage of Floating policy
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1903)
"359, 21 SE 565, wherein it was held that: "A floating policy of Insurance, which declares that it does not cover cotton on which there Is any more specific ..."
2. The Law Journal Reports: New Series (1883)
"... upon his floating policy for this further loss :— Held, upon the above facts, that the plaintiff had no property or insurable interest in the sugar at ..."
3. A Digest of the Law Relating to Marine Insurance by Douglas Owen (1901)
"A floating policy is a policy which describes ship^ry the insurance in general terms, and leaves the name of ships. tjie snip or ships an(j otner ..."
4. A Treatise on the Law of Insurance, Fire, Life, Accident, Marine: Fire, Life by George Richards (1892)
"... or by the duly authorized agent at (The conditions are those of the standard form.) vn. floating policy. (Form of description of property insured): A ..."
5. The Marine Insurance Act, 1906 by Great Britain, Douglas Owen (1907)
"A floating policy is a policy which describes Floating the insurance in general terms, and leaves the name of ..."
6. Judicial and Statutory Definitions of Words and Phrases by West Publishing Company (1914)
"floating policy An insurance policy Intended to supplement the specific insurance on goods and attaching only when it ceased to cover the risk is a ..."
7. The Marine Insurance Act, 1906 (6 Edw. 7, C.41): With Notes and an Appendix by Edward Louis De Hart, Ralph Iliff Simey (1907)
"A floating policy is a policy which describes Floating the insurance in general terms, and leaves the name of the ..."