floating policy
noun[C]
INSURANCEukuspluralfloating policies(alsofloater)atypeofinsurancein which thevalueof thegoodsbeinginsuredcannot becalculatedexactly, so thepaymentforinsuringthem can bechangedafter aperiodoftime
atypeofinsurancethatprotectspropertyorgoodsin anyplaceand while they are beingmovedfrom oneplaceto another