PARASOL POLICY
\pˈaɹəsˌɒl pˈɒlɪsi], \pˈaɹəsˌɒl pˈɒlɪsi], \p_ˈa_ɹ_ə_s_ˌɒ_l p_ˈɒ_l_ɪ_s_i]\
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Another name for the Difference in Conditions policy. Usually, it is a contract designed to isolate the available policy, which brings an increase in the insurance of property, which allows the property to gain protection from more risks, with only a few exceptions.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.