wager policy

noun

Definition of wager policy

: a marine insurance policy covering property in which the insured does not possess an insurable interest capable of legal proof

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Dictionary Entries Near wager policy

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Cite this Entry

“Wager policy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/wager%20policy. Accessed 15 Aug. 2022.

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