A policy generally refers to an insurance policy, which is a written proof that the insurer and the insured sign an insurance contract. The main contents of the insurance policy include:

(1) Description of the subject matter insured by both parties, including the name of the insured, the name of the subject matter insured and its storage location or status, the insured amount, the insurance period and the insurance premium.

(2) The rights and obligations of both parties, such as taking responsibility and not taking responsibility.

(3) Attention conditions refer to the insurance clauses or other conditions agreed by both parties, as well as the change, transfer and cancellation of the policy. Insurance policy is the main form of signing insurance contracts. In order to simplify the form, it can also take the form of prepaid insurance policy, insurance certificate or temporary insurance policy with legal effect.

Policy is the abbreviation of insurance policy, and it is a formal insurance contract signed by insurer and policyholder. According to the applicant's application, the insurance policy is signed by the insurer and handed over to the insured. Insurance policy is the main evidence for the insured to claim compensation from the insurer when he suffers losses due to an accident, and it is also the basis for the insurer to collect insurance premiums.

The insurance policy must clearly and completely record the rights and obligations of both parties. The insurance policy mainly includes the names of the insurer and the insured, the subject matter insured and the insured amount. Insurance premium, guarantee period, scope of liability for compensation or payment and other agreed matters.