Shippers Radioactive Contamination Insurance
Coverage for shippers of certain radioactive materials, such as medical or commercial isotopes, for direct loss or damage by radioactive contamination; does not cover transport of radioactive waste or nuclear reactor fuel. Coverage has two forms: one for transport on common carriers and the other for transport on vehicles operated by or for an insured.
Popular Insurance Terms
Provision in an insurance policy that permits an insured to cancel the policy and recoup the excess of the paid premiums above the customary short rate for the expired time. The clause also ...
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