Contracted insurance value - Kyoteihokenkakaku

...This is because the object of insurance is constantly changing, making it difficult to determine the value at the place and time of the accident, and disputes are likely to arise. In order to prevent disputes due to the difficulty of valuation, the Commercial Code also allows the parties to agree on the insured value when concluding a contract (Article 639). The insured value determined in this way is called the agreed insured value, and an insurance contract that specifies the agreed insured value is called an appraised insurance. [Takagi Hidetaka]...

*Some of the terminology used in relation to "Agreement Insurance Value" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…保険の目的がたえず移動し，事故発生の地および時における価額の決定が困難で，紛争を生じやすいためである。なお，評価の困難性に伴う争いを防止するため，商法は，契約締結の際，当事者が保険価額を協定することも認めており(639条)，こうして定められた保険価額を協定保険価額といい，協定保険価額を定めた保険契約を評価済保険という。【高木 秀卓】。…

※「協定保険価額」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報