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open policy

A type of insurance most often used on goods in transit. The contract does not specifically state policy terms or an expiration date, but a certificate of insurance that states the goods to be covered is issued. The contract does specify limits of liability under the coverage it offers. Reports are made monthly and premiums are due at that time.

Related information about open policy:
  1. open policy - definition of open policy by the Free Online Dictionary ...
    (Business / Insurance) an insurance policy in which the amount payable in the event of a claim is settled after the loss or damage has occurred Compare valued ...
     
  2. Open policy - Legal Dictionary - The Free Dictionary
    OPEN POLICY. An open policy is one in which the amount of the interest of the insured is not fixed by the policy, and is to be ascertained in case of loss.
     
  3. Open Policy Ontario
    Open Policy Ontario is the social policy consultancy of John Stapleton.
     
  4. What is open policy? definition and meaning
    Definition of open policy: Marine cargo insurance that provides blanket cover against loss or damage to all goods transported by a specific carrier, or by a ...
     
  5. Open policy | Define Open policy at Dictionary.com
    a continuous policy covering goods of a class subject to changes in volume, usually requiring periodic reports of values. Relevant Questions. What Was The ...
     
  6. Open Policy Network - CC Wiki
    Nov 20, 2012 ... Overview. In 2011, CC was contacted by multiple institutions and governments seeking assistance to develop materials and strategies for open ...
     
  7. Open Policy Institute/2012 Convening - CC Wiki
    Oct 11, 2012 ... Thanks to the John D. and Catherine T. MacArthur Foundation and the Carnegie Foundation for the Advancement of Teaching, the first ...
     
  8. The Obviousness of Open Policy | The Sloan Consortium
    Jul 29, 2011 ... The Internet, increasingly affordable computing, open licensing, open access journals and open educational resources provide the foundation ...