What does Standard Form mean? Read on to discover the definition & meaning of the term Standard Form - to help you better understand the language used in insurance policies.
The standard form is an insurance policy used by many insurance companies. Its features, including coverage and provisions, hardly vary from one company to another, either because it has been viewed as a model for the industry for so long or because it adheres to laws guiding the industry.
We hope the you have a better understanding of the meaning of Standard Form.