"Existing policy" refers to the rules, guidelines, or set of practices that are currently in place and being followed. It refers to the established ways of doing things or the specific regulations that exist at a given time. Full definition
The designs for the logos were created following feedback from organisations the watchdog have previously inspected, and after a review of existing policy and guidance on the use of the new logo. (educationbusinessuk.net)
Insurance companies stop issuing policies and increasing limits on existing policies when hurricanes are near. (pocketsense.com)
Newly acquired high - end home entertainment equipment, custom made computers, and expensive jewelry may not be adequately insured with existing policy limits. (money-zine.com)