Black's Law Dictionary (2nd edition)dictionaries

Running Policy

A running policy is one which contemplates successive In-surances, aud which provides that the object of the policy mny be from time to time de-flned, especially as to the subjects of insur-ance, by additional statements or indorse-ments. Civ. Code Cal. § 2597. And see Corporation of London Assurance v. Paterson, 106 Ga. 538, 32 S. E. 650

Source: Black's Law Dictionary 2nd Ed (1910)