Floater policy
Term · Insurance and risk management · MLC-T-INS-003655
An insurance policy that covers movable property, regardless of its location, providing broader protection than standard property insurance. It is designed for items that are not permanently fixed at one address, such as jewelry, fine art, or specialized equipment. This type of policy is often added as an endorsement to a homeowner's policy or issued as a standalone contract.
| Identifier | MLC-T-INS-003655 |
|---|---|
| Field | Insurance and risk management |
| Subject | Personal Lines |
Record as JSON
{
"id": "MLC-T-INS-003655",
"term": "Floater policy",
"field": "Insurance and risk management",
"definition": "An insurance policy that covers movable property, regardless of its location, providing broader protection than standard property insurance. It is designed for items that are not permanently fixed at one address, such as jewelry, fine art, or specialized equipment. This type of policy is often added as an endorsement to a homeowner's policy or issued as a standalone contract.",
"subject": "Personal Lines",
"url": "https://mlchart.com/terminology/insurance/floater-policy/"
}
Record 1,413 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.