Policy
The legal contract between you and your insurance carrier that describes what is and isn't covered.
A policy is the actual contract — typically 40-80 pages — that sets the terms of your coverage. The most important sections are the declarations page (the "dec page" — a one-page summary of who's insured, what's covered, your limits, your deductibles, your premium, and your effective dates), the coverage forms, the conditions, and the exclusions.
When something goes wrong and you file a claim, the carrier reads your policy line-by-line to determine whether the loss is covered. This is why phrases in the exclusions section like "earth movement" or "flood" matter enormously — those words are why people whose homes flood without flood insurance get denied.
Geneva will explain your policy in plain English when you bind it and again at every renewal. If your policy ever changes (carrier updates terms, you add a driver, you remodel your house), you'll receive an endorsement formally amending it.
Related terms:Endorsement / Rider·Coverage·Underwriting
Related Geneva services:Home Insurance·Auto Insurance