Wednesday, December 16, 2009. What does the term Agreed Value mean? Agreed Value is an agreement made between the Insurance Company and the Policy Holder at policy inception that the limit of insurance listed in the schedule of property is the item's value, and this is the amount that will be paid by the company in the event of a total loss.
Admission into Summer Seminar is very competitive, with approximately 5,000 applicants vying for 1,800 openings. High school students who are selected to attend Summer Seminar will automatically be processed as applicants to the Naval Academy upon completion of the program.
A nomination is required in order to receive an appointment. All students can apply to their congressman, senators, and the Vice President for a nomination. Alternative nomination sources are also available. Applying for a nomination is a separate process from applying to the Naval Academy. All nominating sources officially notify the Naval Academy of their nominees by the end of January. Students should apply to all the nomination sources for which they are eligible.