Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Insurance Policy

Insurance Policy Definition

Insurance Policy is a formal contract between the insurer and the insured that describes the term and coverage of the insurance, as well as premiums and possible deductibles. The legal evidence of the insurance agreement details specific risks and perils covered and the duration of the contract. The policy defines the claims that the insurer is required to pay. Insurance policies are usually standard forms.

RELATED TERMS
Insurance Claim
Insurance Company
RELATED CATEGORIES
Insurance







Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z