Tool and die floater

{
  "id": "MLC-T-INS-003340",
  "term": "Tool and die floater",
  "field": "Insurance and risk management",
  "definition": "An inland marine insurance policy designed to cover tools, dies, jigs, and patterns, whether they are on the insured's premises, in transit, or at the premises of others. This coverage protects against risks such as fire, theft, and accidental damage. It is particularly relevant for manufacturers and businesses that frequently move specialized equipment.",
  "url": "https://mlchart.com/terminology/insurance/tool-and-die-floater/"
}