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POLICY ADMINISTRATION - Coggle Diagram
POLICY ADMINISTRATION
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WARRANTIES
defined as an undertaking by the insured that a certain state of affairs will or will not be continued during the duration of the policy
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POLICIES
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contains all details of cover, period of cover, exceptions, conditions, the premium and other relevant information
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COVER NOTES
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Contain : period of cover, property covered, type of risk insured against and the agreed premium
CERTIFICATE OF INSURANCE
compulsory by law, the certificate is issued to prove that a policy is in force