Open Policy


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Open Policy

A marine cargo insurance policy issued to cover various unspecified exports over the life of the policy.

Open Policy

In maritime commerce, an insurance policy stating that the insurer is responsible for partial losses on the value of the covered products without stating what is specifically covered. Sometimes open policies include a deductible and sometimes they do not. Depending on the amount of the deductible, the insurer of an open policy will be liable for losses if some of the products break in transit, regardless of the reason. See also: WPA.
References in periodicals archive ?
" The premier stressed that his government is going to work on the consolidation of a participatory relationship with the legislative body, in addition to, the continued coordination stemming from government's open policy with other partners," al-Fayez said in a statement.
"Singapore has an open policy to inform the public about what is going on so that the public can take precautions.
Macedonia applies an open policy for attracting foreign investors and Government's efforts give results, said Viktor Mizo, Director of the Directorate of the Technological Industrial Development Zones.
Sindh Food Minister, Manzoor Hussain Wassan talking to journalists following a departmental meeting to review food situation in the province, said this unusual release of wheat was because of abolition of quota and open availability of crop on basis of open policy.
This new open policy to attract more tourists has been widely distributed in many media channels.
Jok told Sudan Tribune by phone from Juba that there would be no restrictions placed on cross-border trade and that the new open policy would help facilitate the movement of goods and services.
"Turkmenistan and Kyrgyzstan have common positions, we follow an open policy," President of Turkmenistan Gurbanguly Berdymuhamedov said during the meeting with President of Kyrgyzstan Almazbek Atambayev on November 11 in Ashgabat.
In April, EBSCO announced an open policy for data sharing to cover critical areas of mutual collaboration with other discovery vendors.
The largest open policy held by a man is slightly smaller, at more than $1.3 million in paid benefits.
He said that the USA is conducting an open policy with respect to Armenia and contributes to Armenia's development as a
The open policy is also a testament of Microsoft's "consumer-first" focus, which is different from the restrictive licensing policy that Redmond has had up until now.
Mr Andrews said the time had come to revisit the shutdown and implement a more open policy on internet usage.