Insurance policy

(redirected from policies)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.

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 ?
44 states have laws protecting the policies from creditors' claims, such as lawsuits, that can wipe out bank accounts, mutual funds, and brokerage accounts.
Holding: This court finds that the Colorado Supreme Court would reasonably decide, based on existing case law, that A has an insurable interest in the employees insured under the P policies.
One published report says approximately 25 percent of key-person policies can be sold to institutional investors in the secondary market.
Since the persistency of policies included in a life settlement pool typically is 100%, with the investment vehicle paying the premiums required, the issuing insurance company's profitability is likely to be impacted negatively.
Heterosexist biases in social welfare policy frameworks exist in at least three ways: through policies that explicitly target LGBT individuals as abnormal or deviant, such as policies that defend the institution of heterosexual marriage; through federal definitions that assume all families are heterosexual, thereby implicitly leaving out LGBT individuals and families; and through policies that overlook LGBT poverty and social need due to stereotypes about LGBT communities being affluent.
When was the last time you checked your insurance policies to make certain all of the individuals and other legal entities that should be shown as Named Insureds are correctly listed?
and a list of all policies with key terms will be generated.
The lack of coherence and integration of the policies and legislation that provide for career counseling at governmental levels reflects what has been called an uncoordinated mosaic of efforts (Herr, 1991) rather than an integrated agenda of legislative initiatives directed to addressing career needs of populations across settings and across the life span.
If you help clients assess the risk associated with purchasing different policies, you need to look at three key centers of expenditure that can affect premium prices or the policy's cash value: mortality charges, company expenses and sales load.
SNIA defines storage-related policies as "the measurable, enforceable, and realizable specification of methods, action and/or desired states that meet service requirements in an storage-based information infrastructure.

Full browser ?