The insurer agrees to compensate the insured in consideration of a sum of money is called
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Policy
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policy is correct answer
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Policy
Business Policy portrays the expansion or circles inside which decisions can be taken by the subordinates in an affiliation. It permits the lower level organization to deal with the issues and issues without chatting with the undeniable level organization each an optimal chance for decisions. Business game plans are the guidelines made by a relationship to manage its exercises. They describe the endpoints inside which decisions ought to be made. The business procedure also oversees the obtainment of resources with which progressive goals can be cultivated.
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