What is a Policy Document.
A policy document is provided to clients, which gives brief details of what each policy covers and on what basis the Insurance has been arranged.
The document helps in saving time on referring back to the insurer to know what each policy clause entails. It is important that each client has a policy document as a reference point in future.
Risk Management.
Whatis.com defines Risk management as the process of identifying, assessing and controlling threats to an organization’s capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.
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