Department Store Insurance Floater
Definition of "Department store insurance floater"
Coverage for items of property being delivered to a customer. The means of transportation covered include such common carriers as aircraft, railroads, trucks, express carrier, and other variations, as well as the department store's trucks and other delivery vehicles. Coverage can be purchased on an all risks basis subject to excluded perils such as war and nuclear disaster. Coverage applies on a blanket basis meaning that all locations of points of delivery are covered.
Popular Insurance Terms
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Act passed by Congress in 1991, the purpose of which is to make it easier for consumers to compare deposit accounts among savings institutions (SI). Some of the act's more important ...
Record of losses, whether or not insured. This record is used in predicting future losses and in developing premium rates based on expectation of insured losses. ...
Covers all employees of a business on a blanket basis with the maximum limit of coverage applied separately to each employee guilty of a crime. ...
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Endorsement to owners, landlords, and tenants LIABILITY POLICY, MANUFACTURERS AND CONTRACTORS LIABILITY INSURANCE, or other liability policies for business firms that provides liability ...
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