Policy year

Policy year,

Definition of Policy year:

  1. The 12-month period between the policys anniversary dates.

Meaning of Policy year & Policy year Definition

Policy Year,

Definition of Policy Year:

  1. Time between birthdays.

  2. You can define Policy Year as, The insurance year is a 12-month period between the policy's anniversary. Unlike the calendar year, which runs from January 1 to December 31, the insurance year depends on when it takes effect. Depending on the policy, this insurance can last for many years or just a certain period or several months.

  3. Unique in the insurance industry, it is a means of cost accumulation under which the aggregate transaction of all the authorized policies in a given year determines the financial performance of the policy. Consult the policyholder, the insurer.

Literal Meanings of Policy Year

Policy:

Meanings of Policy:
  1. The Code of Conduct has been adopted or proposed by any government, party, company or individual.

  2. Illegal lottery or number game.

Sentences of Policy
  1. Controversial economic policy management

Synonyms of Policy

proposed action, code, attitude, approach, notions, system, schedule, strategy, scheme, guidelines, blueprint, plans, intentions, programme, line, theory, stratagem, position, stance

Year:

Meanings of Year:
  1. The time it takes for the earth to revolve around the sun.

  2. A period of 365 days (or 366 days in a leap year) beginning January 1, used to calculate time in normal business transactions. 365 days from any date. It usually takes one year depending on the quality of the product. Time period is used to calculate time according to other calendars.

  3. Age or life

  4. old age.

  5. A group of students according to age, most of whom go to school or college in the same school year.

Sentences of Year
  1. About half of Americans know that it takes a year for the earth to orbit the sun.

  2. Your salary will be charged at the same rate each month for a calendar year.

  3. Most of the girls in my year drop out of school at the end of the semester.

Synonyms of Year

duration, number of years, form, set, class, school group, band, study group, stream, lifetime, length of life

Policy Year,

Policy Year Definition:

  1. The effective history of the policy, which is a full year. For example, if effective April 14, 2009, the insurance year will end at midnight on April 13, 2010.

Policy Year,

Policy Year means,

  • Policy Year means, The insurance year is a 12-month period between the policy's anniversary. Unlike the calendar year, which runs from January 1 to December 31, the year of insurance depends on when it takes effect. Depending on the policy, this insurance can last for many years or just a few months.

  • One year from the effective date of the policy. For example, if effective April 14, 2009, the insurance year ends at midnight on April 13, 2010.

Literal Meanings of Policy Year

Policy:

Meanings of Policy:
  1. A code of conduct or practice adopted or proposed by an organization or individual.

Sentences of Policy
  1. Controversial government policy

  2. I swear he has never been in politics in his life.

Synonyms of Policy

mode, pattern, custom, convention, style, rule, practice, routine, tack, wont, matter of course, procedure, way

Year:

Meanings of Year:
  1. A period of 365 days (or 366 days in a leap year) from January 1, which is normally used to calculate time.

  2. Your age or the time of your life.

  3. Very long life.

  4. A group of students is clustered around the same age, most of whom go to school or university in the same academic year.

Sentences of Year
  1. He has a cool personality that is beyond his age.

  2. It took years to recover.

Policy Year,

How Do You Define Policy Year?

Policy Year
  • The effective date of the policy is one year. For example, if effective from April 14, 2009, the insurance year will end at midnight on April 13, 2010.

Literal Meanings of Policy Year

Policy:

Sentences of Policy
  1. The government's controversial economic policy

Year:

Meanings of Year:
  1. How long does it take for the earth to revolve around the sun?

  2. A group of students of the same age group who often go to school or university in the same academic year.

Sentences of Year
  1. He has a great personality that is older than his age.