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.
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Ascertaining the value of your business is important for a variety of reasons.
Pundits go on and on about how “terrible” or “wonderful” annuities are, but they never talk about whether annuities are right.