In a marine cargo open cover, the limit of an Insurer’s liability on the value of cargo to be carried by any single vessel.
In a marine cargo open cover, the limit of an Insurer’s liability on the value of cargo to be carried by any single vessel.
For Universal Life policies, this document is prepared at the end of each year, giving complete information on all transactions affecting the policy, such as premium paid, current death benefit, interest credited, loans outstanding, monthly charges, and cash surrender value.