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Time policy

Defined in 2 dictionaries — Ballentine's (1916), Black's (1910)

Ballentine's Law Dictionary

James A. Ballentine · 1916

A marine policy insuring a vessel for a stated time irrespective of her voyages. See 30 Ohio St. 317, 27 Am. Rep. 455.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In fire insurance, one made for a defined and limited time, as, one year. In marine insurance, one made for a particular period of time, irrespective of the voyage or voyages upon which the vessel may be engaged during that period. Wilkins v. Tobacco Ins. Co., 30 Ohio St. 339, 27 Am. Rep. 455; Greenleaf v. St. Louis Ins. Co., 37 Mo. 29.

Defined under Policy of Insurance in Black's Law Dictionary.