Insurance

What is a Policy?

Policy

[pol-uh-see]

noun

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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Estimate how many years you may need retirement assets or how long to provide income to a surviving spouse or children.