Stamp And Coin Collections Insurance
Coverage on an all risks basis at any location for stamp and coin collections, excluding wear and tear, war, nuclear disaster, and mysterious disappearance. Usually each item is specifically listed and valued in the policy. This insurance is of particular importance for insureds with valuable stamp and coin collections. Standard property insurance policies such as the homeowners insurance policy have a relatively low limit of coverage of specialty items such as stamp and coin collections.
Popular Insurance Terms
System of classifying face amount of policies according to size within a given range. The premium rate per $1,000 of face amount varies on a declining basis. As the face amount increases, ...
Standard State Valuation and Non forfeiture Law approved by the national association of insurance commissioners (naic) in 1942. This law is named for Alfred N. Guertin, the actuary who ...
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Amount, not in excess of $10,000 per year, given to each of an unlimited number of donees free of federal estate tax and gift tax. Each individual can give up to $10,000 to any one donee, ...

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