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A combined policy typically refers to an insurance policy that covers multiple types of risks under a single policy document, often merging different coverages like property and liability. In contrast, a package policy is a specific type of insurance that bundles multiple related coverages, such as home and auto insurance, into one package for convenience and potential cost savings. While both aim to simplify insurance management, a package policy is more structured around specific categories of coverage, whereas a combined policy may offer broader, more customizable protection across various risks.
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What is the difference between policy and guidelines?
the basic difference between policy and guideline is the policy is rules for whole org. and guideline is rule for execution of some work.
What is the difference between policy and practice in human resource?
Yes, there is difference between policy and practice. A policy is rules, regulations and procedures that you should follow within a practice.
What is the difference between policy and policy statement?
Policy statement is what you say you are going to do. Policy is what you do, which should be in line with the policy statement.
What is the difference between Tight monetary policy from easy monetary policy?
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What are the rules regarding combining named insureds on a commercial package policy?
Typically, only entities that have more than 50% of the ownership in common may be combined on one policy. But double check with your agent.
What is the difference between term life versus whole life insurance?
Term life insurance is only life coverage. When the person who is insured dies, the beneficiary receives the amount of the policy. Whole life insurance is a term life policy combined with an investment. This policy builds value.
What is the difference between developed nations policy and underdeveloped countries policy?
the ability to organize.
What is the difference between a 'policy' and a 'framework' specifcally in the context of risk management?
What is the difference between Education framework and plicy.
The difference between a passive and an active dividend policy.?
The difference between a passive and an active dividend policy lies in the amount of time between dividend disbursement. In a passive dividend policy, dividends are given when the company decides it is time. With an active dividend policy, dividends are disbursed at regular intervals.
What is the difference between policy making and decision making?
diffrent btw decition making and policy making
What is difference between police and permission?
the policy contains many permissions
What is the difference between rules and policies?
There is one main difference between rules and policies. A policy sets a standard for how things should go. A rule is a steadfast policy that cannot be bent for any reason.
