TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FORWARD COVERAGE POLICY [1 record]

Record 1 1982-03-25

English

Subject field(s)
  • Insurance
  • Fire, Accidents, Miscellaneous Risks (Insur.)
OBS

The essential difference between a forward coverage policy and a back coverage policy is that under the forward coverage policy the insurer will reimburse the policyholder for losses resulting on sales made within the shipment period of the policy.

French

Domaine(s)
  • Assurances
  • Incendies, accidents et risques divers (Assur.)
OBS

La principale différence existant entre les polices à couverture ultérieure et les polices à couverture antérieure est que les premières garantissent à l'Assuré le remboursement des pertes financières résultant des ventes réalisées pendant la période d'expédition du contrat.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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