policy

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policy

 [pol´ĭ-se]
a plan of activity or behavior that serves some end such as being expedient or beneficial.
health care policy subfield of political science covering the making and implementing of decisions by public administrators and elected legislators to improve the health and well-being of the public.

policy

[pol′isē]
Etymology: Gk, politeia, the state
a principle or guideline that governs activities in a facility that employees or members of the institution or organization are expected to follow.

policy

A statement of intent by an organisation to follow a particular course of action.

policy

Health insurance A contractual agreement between an insurer and insured, which sets forth the rights and obligations of both parties to the agreement. See Any willing provider policy, Claims made policy, Commercial policy, Major hospitalization policy, Occurrence policy, Trolley car policy, Wrap-around policy Vox populi A series of rules or guidelines promulgated by an authorizing body. See Federal policy, General policy, Guidelines, HISP policy, Local Medicare review policy, No nit policy, Mexico City policy, PHS policy, Zero tolerance policy.

policy,

n the document embodying the insurance contract.
policy holder,
n under a group purchase plan, the employer, labor union, or trustee to whom a group contract is issued. In a plan providing for individual or family enrollment, the person to whom the contract is issued.
policy period,
n the time during which an insurance contract affords protection.
policy year,
n the year commencing with the effective date of the insurance contract or with an anniversary of that date.
References in periodicals archive ?
Our results show that forecasts in the unconventional monetary policy period have lower RMSEs on average than do the forecasts in the conventional monetary policy period (figure 1).
The D&O policy should provide the ability to report facts and circumstances to the insurer during the policy period that could reasonably give rise to a claim in the future.
whether the result of a single act or a series of acts" without reference to any policy period or temporal boundary could mean an act or series of acts occurring during one policy period, or it could mean an act or series of acts spread out over multiple policy periods.
For example, a business owner purchases $10,000 of employee dishonesty coverage in policy period A.
This symbol includes autos of the same type that the named insured acquires ownership of during the policy period.
One period runs for five years from the end of the policy period, and the other for 60 days from the end of the policy period.
LEGAL COMMENTARY: The Court observed that for the purposes of the case, it was important to highlight that coverage under most "claims made" policies is triggered when a negligent act or omission is discovered and reported to the insured during the policy period.
the claim is first made against you during the policy period and:
1) You may extend the insurance that applies to Covered Property, as used in this Coverage Form, to apply to your liability for tangible property of others that comes under your care, custody or control after the beginning of the current policy period.
The Underwriter shall pay on behalf of the Insureds Loss resulting from a Claim first made against the Insureds during the Policy Period or, if applicable, the Extended Reporting Period, for a Wrongful Act, provided notice of such Claim is given in accordance with GENERAL TERMS AND CONDITIONS Section III.
Coverage is provided only for otherwise covered Claims: (1) Which are first made against an Insured during the policy Period, and (2) Which result from a Wrongful Act occurring during the Policy Period, and (2) Which result from a Wrongthl Act occurring during the Policy Period, and (3) For which written notice is given to the Insurer during the Policy Period.
In other words, regardless of the number of: (a) contracts that the named insured enters, (b) additional insureds which may have rights under the policy, and (c) losses that may be experienced, the insurance company has contracted to provide one aggregate limit that will be available during the policy period to all parties.

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