Difference between revisions of "Policy"
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An ''[[insurance]] policy'' is a written contract where the conditions and conduct of both parties are documented. | An ''[[insurance]] policy'' is a written contract where the conditions and conduct of both parties are documented. | ||
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==References== | ==References== | ||
Revision as of 00:25, January 29, 2009
Policy is the stated guidelines for the operation of a company or organisation.
These may be written and used for reference or be reasoned by prior conduct.
An insurance policy is a written contract where the conditions and conduct of both parties are documented.