Okuzeka
Insurance vocabulary · Policies & Contracts

Policy schedule

Meaning in insurance, with examples

nounCommon term

In insurance, policy schedule means: The page or section of a policy that lists its specific details: the policyholder, what is insured, sums insured, limits, deductibles, premium and dates.

In Turkish: poliçe bilgi sayfası, poliçe ön yüzü

How it is used

Read first when checking a policy. Customers are told to check their schedule carefully, and it works together with the general policy wording. American policies call it the 'declarations page'.

Example sentences

  1. Your deductible is shown on the first page of the policy schedule.

  2. Please check the policy schedule and tell us if any details are wrong.

Common collocations

  • check the schedule
  • schedule of cover
  • updated policy schedule
  • as shown in the schedule
  • policyThe written contract between an insurance company and a customer that sets out what is covered, for how long, for how much and on what conditions.
  • policy wordingThe full legal text of a policy, explaining the cover, exclusions, conditions and duties of both sides.
  • endorsementA written change added to an existing policy, for example to add a driver, change an address or increase the sum insured.
  • sum insuredThe maximum amount an insurance company will pay under a policy, usually based on the value of the property or the amount chosen for a life policy.

More terms: Policies & Contracts

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This page explains English vocabulary for learners. It is not financial advice.