The period for which policy is taken is known as
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fiscal policy
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The period for which policy is taken is known as the policy period.
- The Policy Cycle correctly is the specific term used to typically denote the considerable length of a specific policy.
- The policy period properly includes the proper time across the effective date and time of the inception of the policy and the time and date of expiration.
- The length of a policy period typically depends on the ideal type as well as insurance carrier. In most cases they are six months or one year.
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