valued policy

noun

A policy in which the value of the goods, property, or interest insured is specified.

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Meanings

nounvalued policy (plural valued policies)

plural valued policies

  1. fire insuranceA policy in which the value of the goods, property, or interest insured is specified.
Cite this entry
APA

valued policy. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/valued%20policy

MLA

“valued policy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/valued%20policy. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “valued policy,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/valued%20policy.

Source: valued policy on Wiktionary, CC BY-SA 4.0.