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[V010]

valued policy law

In certain states, a law which requires that in the event a building is totally destroyed by fire, the company insuring it must pay the face amount of its policy irrespective of the actual value of the building destroyed.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

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