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JETTISON

An ocean marine term referring to the throwing overboard of part of the cargo or ship’s equipment in order to save the ship and the balance of the cargo. (See Genera/Average.)

JEWELERS BLOCK POLICY

See Block Policy.

JEWELRY FLOATER

An all-risk worldwide coverage contract for scheduled personal jewelry. May be issued as a separate policy or added as an endorsement to an existing policy. (See Floater.)

JUDGEMENT RATING

See Experience Rating.