Insurance Policy

An insurance policy is a contract through which an insurer promises to hedge an insured person against material loss. The policy lists the insured property. It also states which hazards are hedged against and which are not. An insurance policy also lists the premium which the insured is required to pay to the insurer in exchange for the insurance coverage.

More on this topic:
Compulsory Swiss health insurance comparison
Supplementary health insurance comparison
Hospital insurance comparison
Veterinary insurance comparison
Legal insurance comparison

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