欧美日韩性大香蕉|精品无码成人视频|永久久久久久久久|日韩加勒比偷拍网|婷婷伊人久久蜜桃|亚洲理论中文字幕|中文无码黄色Av|三级一区二区三区|超碰在线精品专区|国语对白一级A片

   

Insurance Policy

(chinadaily.com.cn)
Updated: 2006-10-13 10:35

Insurance policy refers to a contract of insurance, describing the term, coverage, premiums and deductibles. It is also called policy.

Insurance contract specifies what risks are insured and what premiums must be paid to keep the policy in force. Policies also spell out Deductibles and other terms.

Policies for life insurance specify whose life is insured and which beneficiaries will receive the insurance proceeds.

Homeowner's Insurance Policies specify which property and casualty perils are covered.

Health insurance policies detail which medical procedures, drugs, and devices are reimbursed.

Auto insurance policies describe the conditions under which car owners will be covered in case of accidents, theft, or other damage to their cars.

Disability policies specify the qualifying conditions of disability and how long payments will continue. Business insurance policies describe which liabilities are reimbursable.

The policy is the written document that both insured and insurance company refer to when determining whether or not a claim is covered.


(For more biz stories, please visit Industry Updates)