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19 December, 08:28

Describes the type of coverage in an insurance agreement

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  1. 19 December, 09:27
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    The definition belongs to the word policy. A policy, regarding Insurances, is the formal contract issued by an insurer that contains terms and conditions of the insurance cover and serves as its legal evidence. When you obtain an Insurance Policy you get a document detailing those terms and conditions which you should agree with.
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