- an insurance policy in which the amount payable in the event of a valid claim is agreed upon between the company and policyholder when the policy is issued and is not related to the actual value of a loss
| 单词 | valued policy |
| 释义 | WordReference Random House Unabridged Dictionary of American English © 2024 val′ued pol′icy, [Insurance.]
Collins Concise English Dictionary © HarperCollins Publishers:: valued policy n
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