A newly purchased vehicle, which the insured must notify the insurer about within 30 days of purchase. Vehicles purchased during the term of the policy receive some coverage automatically under the policy.
Insurance Encyclopedia
Newly constructed or acquired property
An extension of coverage within a multiperil policy to new property purchased or added by the Named Insured. Normally such an extension has a value limit and a time period during which the Named Insured is expected to report the additional property and pay the appropriate premium.
News Paper Policy
An insurance of limited health insurance often sold by newspapers to build or conserve circulation.
Newspaper policy (Health Insurance)
A limited health insurance policy that is sold by newspaper advertisements with the aim of increasing circulation.