Policy Provision
/ˈpɒlɪsi prəˈvɪʒən/
Definitions
- (n.) A specific clause or stipulation within an insurance policy or contract that outlines particular rights, duties, conditions, or coverage details.
The policy provision required the insured to notify the insurer within 30 days of any claim.
Forms
- policy provision
- policy provisions
Related terms
See also
Commentary
Policy provisions must be drafted clearly to avoid ambiguity and ensure enforceability; they often define coverage scope and parties' obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.