Insurance Made Simple
If you’re visiting this page, then good on you for trying to understand insurance better! We’ve highlighted common and useful insurance terms here and broke them down in plain English.

Policy wording

Policy wording is a document that lists definitions of terms and lays out all the terms and conditions of your insurance contract.

Why it matters:

An insurance contract is made up of a policy schedule, a policy wording, and any endorsements.

A policy wording is usually a lengthy (and maybe a little boring!) document. But it's important because it helps to clarify certain words or rules that are confusing. Having a policy wording helps to reduce the chance of misunderstanding between you and your insurance company.