Policy

{
  "id": "MLC-T-LAW-003785",
  "term": "Policy",
  "field": "Law",
  "definition": "A written contract of insurance that details the terms and conditions of coverage between an insurer and a policyholder. It specifies the risks covered, the premium to be paid, the duration of the coverage, and the amount of compensation in the event of a covered loss. This document serves as the legal agreement governing the insurance relationship.",
  "url": "https://mlchart.com/terminology/law/policy/"
}