Multiple choice

The first part of the policy document deals with

  1. policy claim settlement procedure

  2. policy schedule

  3. standard provisions

  4. specific policy provisions

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A policy schedule is an outline of the cover provided under the policy. It will show details of the policyholder, what the policyholder does and the cover given, and the relevant limits, sums insured and excess.