Meaning Of The Word Floating policy

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Floating policy Meaning

Floating policy Definition
Floating policy Definition

What's The Definition Of Floating policy?

floating policy in American English
noun: a policy that provides protection of a broad nature for shipments of merchandise and that is valid continuously until canceled

floating policy in British English
noun: (in marine insurance) a policy covering loss of or damage to specified goods irrespective of the ship in which they are consigned

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