lost or not lost

lost or not lost
A clause in a marine insurance policy whereby the coverage extends to a loss occurring prior to the date of the policy. 29 Am J Rev ed Ins § 327. A stipulation against past as well as future losses and the law upholds it. Hooper v Robinson (US) 8 Otto 528, 25 L Ed 219.

Ballentine's law dictionary. . 1998.

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