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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

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Valuable Papers Insurance


Synonyms:important paperwork insurance, paperwork insurance
Filed Under: insurance
Tags: insurance
 

Definition of valuable papers insurance

valuable papers insurance
1. A type of insurance that covers the value of important papers such as trusts, wills, property deeds, or corporate charters.

Related Terms and Acronyms:

  • business crime insurance   Insurance that covers losses due to criminal acts perpetrated by customers or employees.
  • business insurance   An umbrella term for insurance that covers various losses that may arise due to the operation of a business.
  • excess wear charge   Most leases set limits for wear and tear on the car during the lease term. The lessee must pay charges for exceeding the limits when turning in the car at the end of the lease.
  • fire insurance   Insurance that covers losses from fire damage to insured assets.
  • insurable interest   Something of sufficient worth and benefit that an individual or entity would have reason to insure against its lost.
  • insurance (insur)   An arrangement where one party provides financial protection to another party for specific damages or losses.
  • vandalism and malicious mischief coverage   Insurance that covers property owners for damages resulting from acts of vandalism.

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