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.
Is your estate in order? This short quiz may help you assess your overall strategy.
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While price is a big factor, there are other important factors to consider when choosing the right life insurance policy for you.