What does Family Policy mean? Read on to discover the definition & meaning of the term Family Policy - to help you better understand the language used in insurance policies.
A family insurance policy is an insurance policy, usually for health or life insurance, that covers the head of a household and also provides coverage for the rest of the family, sometimes under different terms. Unlike getting individual policies for each member of the family, a family policy can provide coverage for every member under a single contract.
We hope the you have a better understanding of the meaning of Family Policy.