Unvalued Policy
Defined in 1 dictionary — Bouvier (1914)
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
One in which the value of the interest at risk is not fixed in the policy but is estimated by a certain standard, and, in case of loss, is made out by proof. Peninsular & O. S. S. Co. v. Ins. Co., 185 Fed. 172.