policy

(redirected from policy year)
Also found in: Dictionary, Thesaurus, Medical, Legal.

policy

a plan of action adopted or pursued by an individual, government, party, business, etc.

policy

The rules and regulations set by the organization. Policy determines the type of internal and external information resources employees can access, the kinds of programs they may install on their own computers as well as their authority for reserving network resources. Policy is also related to network quality of service (QoS), because it can define priorities by user, workgroup or application with regard to reserving network bandwidth. See COPS and Internet Usage Policy.
References in periodicals archive ?
To prevent destabilization of the individual health insurance markets throughout this country, Commissioner Jones is urging the Senate to immediately fund the CSRs for the rest of 2017 and for the 2018 policy year, reinstitute and fund a federal reinsurance program, and consider extending the premium tax moratorium.
Laid up return applications deadline Members are reminded that declarations in respect of the 2012 policy year must be made within 3 months of the end of that policy year.
For policy year 2, Diligent believes the risk is identical to policy year 1.
Under the provisions of the new PPACA regulations, conventional major medical plans will have to offer annual benefits maximums of at least $750,000 for plan or policy years beginning on or after Sept.
Denote the surrender rate at time t (t [member of] Z) for policies in the ith policy year as [SR.
No surrender charge can be levied by an insurer for policies surrendered from the fifth policy year and thereafter the policyholder will be entitled to receive the full fund value on such surrender," IRDA said in a circular sent to CEOs of all life insurance companies.
Marsh is offering a property insurance program that can provide up to $500 million of annual capacity, in the aggregate, for windstorm losses incurred by all participating oil and gas companies operating in the Gulf of Mexico in a given policy year.
The data used to determine your mod is based on incurred claims amounts for three complete prior policy years (not calendar years, unless that happens to be how your policy year is), excluding the most recently expired year.
The next sub-sections present more detailed analysis by Medical Basis, Issue Age, Policy Year, Amount Bands and Sex.
com say that nearly half of all motorists renew their existing insurance policy year after year without searching out a better deal.
When reviewing prior policy year data, keep in mind that a dollar buys less today than it has previously, and claim inflation differs from regular inflation.
Such information also allows him to more accurately guide top management's expectations about the cost of the company's D & O program for the coming policy year.

Full browser ?