Phrases with «policy issuance»

Policy issuance refers to the process of creating and providing an official document, known as a policy, that outlines the terms and conditions of an insurance agreement. It signifies the moment when an insurance company formally issues an approved policy to a policyholder, confirming their coverage and the benefits they are entitled to receive. Full definition

Related phrases

Sentences with «policy issuance»

  • Some insurance companies may also be interested in knowing your travel habits, lifestyle habits and medical details before policy issuance. (policybazaar.com)
  • Some examples here can include claims that are related to fraud, suicide (typically excluded for two years after policy issuance), and acts of war. (insurancescored.com)
  • Our instant and simple policy issuance process makes buying insurance online, a breeze. (bharti-axagi.co.in)
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