What do a.m. and p.m. stand for?

master policy

noun, Insurance.
a single policy covering a group of people, typically employees of a company, issued to an employer. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
Examples from the web for master policy
  • Health care coverage occurs under a master policy issued to the employer or other group.
  • There is no master policy record, the policy number alone cannot be used to apply updates.
  • In some cases, where coverage is provided under the master policy, you may still be responsible for the deductible.
  • The experience modifier does not follow the employer into the master policy.
  • Standard applied if there is a conflict between a master policy and certificate of insurance.
  • Commercial insurance liability coverage for these operations is available through a state master policy.
  • Eligible benefits being paid under a claim cannot be terminated if the master policy is terminated.

Word of the Day

Difficulty index for master policy

Few English speakers likely know this word

Word Value for master

Scrabble Words With Friends