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单词 New for old policy
释义 新換舊保單
An insurance policy which provides for replacement of old destroyed property with new items and the replaced property has a higher value than the property which existed before the damage occurred. Higher premiums will be charged on new for old policies. See also All reasonable precautions; All risks insurance.
規定以新東西替換毀掉的舊財物之保險單,而替換財物之價值會較在損壞發生前的財物之價值為高。新換舊保單的保費會較高。另見 All reasonable precautions; All risks insurance。
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更新时间:2025/4/4 18:53:10