The insurance policy or Versicherungspolizze is a document that embodies the contract between an insurance company and an insurant. In the policy in the insurance in or impossible risks are enumerated. In the policy usually also the insurance premium is proven, which the insurant must pay for the recourse to of the insurance.
In addition also possible Vinkulierungen can be registered in favor of others in the policy. This for example credit institutes can be, to whose favour in the case of loss the insured sum is paid off.
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