how does the policy define the meaning of insurance
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In insurance,
the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay.
The textbook also states that the policy must refer to all papers which are part of the policy.
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In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. ... The textbook also states that the policy must refer to all papers which are part of the policy
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