Dictionary.net

• A law requiring insurance companies to pay to the insured, in case of total loss, the full amount of the insurance, regardless of the actual value of the property at the time of the loss.

2010 - New Age Dictionary Database
By Oddity Software

• A law requiring insurance companies to pay to the insured, in case of total loss, the full amount of the insurance, regardless of the actual value of the property at the time of the loss.

1913 - Webster's Revised Unabridged Dictionary
By Noah Webster.