Valued policy

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VALUED POLICY. A valued policy is one where the value has been set on the ship or goods insured, and this value has been inserted in the policy in the nature of liquidated damages, to save the necessity of proving it in case of loss. 1 Bouv. Inst. n. 1230.

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2 billion valued contract includes supply of 96,200 kilometres cables.
Gene Logic is increasingly establishing itself as a differentiated and valued contract service provider to pharmaceutical companies and Federal agencies focused on areas of key concern to the nation's health," commented Mark D.
Regarding the larger institutional market, Neoforma is in the process of developing the crucial link between online purchasing and back-end systems, as well as a highly valued contract specific pricing engine," said Skolnick.