Definition of «policy document»

A policy document is a written statement that outlines the rules, guidelines and principles by which an organization or government operates. It provides clear direction on how certain issues should be addressed within the context of the entity's goals and objectives. Policy documents are usually developed after careful research, analysis and consultation with stakeholders to ensure they reflect the best approach for achieving desired outcomes. They may cover a wide range of topics such as finance, human resources, security, environmental management or strategic planning among others. The document is intended to provide guidance to decision-makers within the organization on how to handle situations that fall under its scope and ensure consistency in approach.

Sentences with «policy document»

  • If the insured person suffers from total loss of baggage during the period of journey the company will reimburse the amount up to the limit of the cover as mentioned in policy documents. (policybazaar.com)
  • So, it is essential to inform your spouse or family about the policy and keep a copy of policy document in a place that is easily accessible. (policybazaar.com)
  • Original policy documents for insurance, such as life, home or health. (cnbc.com)
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