Floating insurance policy - How To Discuss
Floating insurance policy,
Definition of Floating insurance policy:
A policy which provides coverage for property damages which can be reasonably estimated but not actually determined until the policy expires. Often used for shipped products, the premiums - and remaining coverage amount - are calculated by deducting the value of each shipment from the total policy face amount until the coverage runs out.
Meaning of Floating insurance policy & Floating insurance policy Definition