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.
Understanding how a stock works is key to understanding your investments.
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In the event of an unforeseen accident or illness, disability insurance may be a good way to protect your income and savings.