Webster's Online Dictionary
with Multilingual Thesaurus Translation

 
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Specialty Expressions: HELD COVERED

ExpressionsDomainDefinition
Held coveredInsuranceA risk is held covered when it is temporarily insured while the insurer completes insurance arrangements; in marine insurance policy the possibility exists that some future event shall be held covered if it does arise, if notified and if an additional premium is paid. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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