Today's word: WEDDING PRESENTS FLOATER
Theme for this fortnight: INSURANCE
A
type of insurance that can be added to a renter's or homeowner's insurance
policy to temporarily cover the value of the gifts a couple receives when they
get married. The wedding presents floater is a short-term policy designed to
cover the gifts while they are getting moved from the wedding site to the
couple's home and/or while they are being moved around as the newly married
couple transitions to a new residence. A typical length for this type of policy
is 90 days.
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