Webster’s Revised Unabridged Dictionary · 1913
Valued policy
Val′ued pol′i·cy. (Fire Insurance) A policy in which the value of the goods, property, or interest insured is specified; — opposed to open policy.
Webster’s Revised Unabridged Dictionary · 1913
Val′ued pol′i·cy. (Fire Insurance) A policy in which the value of the goods, property, or interest insured is specified; — opposed to open policy.