What does Policy Schedule mean? Read on to discover the definition & meaning of the term Policy Schedule - to help you better understand the language used in insurance policies.
Policy schedule is also known as a schedule of insurance. It is the part of the insurance contract that identifies the policyholder and details the property and persons covered, the amount of coverage, the exclusions, the deductibles, and the payment mode and schedule.
We hope the you have a better understanding of the meaning of Policy Schedule.