Insurance policy

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Related to Policy, Insurance: Life insurance policy, Health Insurance Policy

Insurance policy

A contract detailing an insurance policy and outlining what risks are insured, what insurance premiums are to be paid by the policyholder, what deductibles prevail, and all the details associated with a policy.

Insurance Policy

The contents of an insurance contract. The policy describes the specific types of coverage (life, health, etc.), the restrictions that apply, and the applicable deductibles and premiums. Only the insurer makes legally enforceable promises in an insurance policy: the insurance company cannot legally compel the insured person to pay his/her premiums, but the insured person can sue to compel the insurer to provide coverage if it does not do so. All insurance policies, however, include a provision allowing the insurer to refuse coverage if the insured person does not pay the premiums.

References in periodicals archive ?

The four-day conference, attended by more than 300 professionals, was entitled "Shaping Our Future Together," and set out to explore in a positive, proactive environment of cooperation such topics as repertory, training, boards, marketing, funding, national policy, insurance, touring, and choreography.

Point of view

Other subjects that received committee attention included: a review of federal mandates supported within the FAIR chapter of the National Municipal Policy, insurance company solvency issues, census, potential federal preemption of local tax authority, and family and medical leave.

Balanced budget amendment studied at FAIR meeting

The authors of Healthy, Wealthy, and Wise make a strong case for further reforms in tax policy, insurance regulation, and other policies to get Americans more involved in their health care and its costs," says Mark B.

Hoover Institution Press Today Releases Book Highlighting a Market-Based Alternative to ObamaCare

Insurance services involved in this contract are as follows: All risks insurance, RCT / O, Environmental Responsibility policy, accident policy, insurance Motor Company (payroll).