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2200.01CHAPTER 5
FORMS MANAGEMENT
SECTION 1
POLICY AND COVERAGE
1.GENERAL INFORMATION.
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What is policy and coverage?
Policy and coverage refer to the terms and conditions outlined in an insurance agreement that specify what risks are covered and how claims will be processed.
Who is required to file policy and coverage?
Insurance companies or policyholders are typically required to file policy and coverage.
How to fill out policy and coverage?
Policy and coverage can be filled out by providing information about the insured party, the risks being covered, coverage limits, and premium payments.
What is the purpose of policy and coverage?
The purpose of policy and coverage is to provide financial protection against unexpected events or losses.
What information must be reported on policy and coverage?
Information such as the insured party's name, policy number, coverage limits, and details of the risks being covered must be reported on policy and coverage forms.
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