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An insurance policy is _____.

the amount you pay each month for insurance

an agreement to reimburse an individual for a loss that occurs

coverage for the contents of your home, such as furniture, television, bikes, appliances, and clothing

a document that describes all of the assets covered

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a document that describes all of the assets covered
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An insurance policy is a document that describes all of the assets covered.

This document is issued by an insurance company to an insured. Some example of insurance policy include health, life, homeowner's, and automobile insurance.