Unscheduled Property Floater
Definition of "Unscheduled property floater"
Insurance that offers blanket coverage up to a certain dollar amount on all property of the classification covered by the policy. Floater policies, which cover property wherever it happens to be and while it is in transit, can also be purchased as a scheduled policy where each individual item is listed.
Popular Insurance Terms
Type of flexible spending account. ...
Statutory surplus plus the interest maintenance RESERVE plus the ASSET VALUATION RESERVE. ...
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pool that contains various reinsurance companies with each sharing reinsurance contracts on a pro rata basis as they are submitted to the pool. market that operates much like the New York ...
Period, set by law, after which a damage claim cannot be made. Limits are set by individual states and usually range from one to seven years. ...
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Calculation of the premium based on such factors as the applicant's age, sex, health record, family history, and type of insurance plan applied for. ...
Authority that administers state laws regulating insurance and licenses insurance companies and their agents. ...
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