Registered Mail And Express Mail Insurance
Definition of "Registered mail and express mail insurance"
Coverage for damage or destruction of property with relatively high monetary value, such as stock brokerage house and bank shipments, which involve the transfer of securities and monies to different locations and whose loss would result in great expense. Coverage is on an all risks basis excluding war, nuclear disaster, and illegal trade items.
Popular Insurance Terms
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New rule entitled "Employers Accounting for Postemployment Benefits," which requires advanced recognition of nonretirement benefits, health insurance continuation, and severance pay. ...
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