Not really - the concept of having a "value" and agreeing to that amount in advance does not apply to life insurance. The purpose of a valued policy is to determine in advance the payout of an object that is difficult to assign a dollar amount to. You can't assign a dollar amount to the value of a life
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Not really - the concept of having a "value" and agreeing to that amount in advance does not apply to life insurance. The purpose of a valued policy is to determine in advance the payout of an object that is difficult to assign a dollar amount to. You can't assign a dollar amount to the value of a life