noun
1.
A Policy is the contract between the insurer and the insured (the policyholder), detailing the rights and responsibilities of both parties. The Policy outlines pertinent information about covered Risks, Premiums, Deductibles involved, as well as other relevant details.
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Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?
Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?