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.
Learn about the risks of not having health insurance in this informative article.
While protection is never a bad thing, you want to make sure the value of the coverage outweighs the added cost.
Your homeowners policy may not cover certain types of valuables. Here's what you can do to stay covered.