valued policy

Noun

(fire insurance) A policy in which the value of the goods, property, or interest insured is specified.

Japanese Meaning

保険契約の一種で、保険の対象となる物品、財産、もしくは利権について、その価値が具体的に定められた契約（火災保険などで用いられる）

The museum purchased a valued policy to insure its antique collection against fire at the agreed amount.

博物館は、骨董品の評価額を定めて火災に備える定額保険契約を購入した。

Sense（1）

(fire insurance) A policy in which the value of the goods, property, or interest insured is specified.

valued policies

（ plural ）