Business Studies

Select a word, term or a phase which can substitute the statements:
An insurance policy, covering goods of different types of lying at different places.


ANSWER

Floating policy


SOLUTION
An insurance policy, covering goods of different types of lying at different places is known as floating policy. Payment for insuring the goods under floating policy can change from one period to another as the value of the insured goods cannot be calculated.
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Single Correct Medium Published on 18th 08, 2020
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