A policy is a written agreement or contract between an insurance company and a policyholder. It outlines the terms and conditions of the insurance coverage provided by the company.
It is an insurance contract that contains the details of agreement, such as coverage limits, premiums, deductibles, and exclusions. Policyholders acquire policies to protect themselves or their assets from potential financial losses.
Policy conditions refer to the specific terms and provisions outlined. These conditions define the rights and responsibilities of the policyholder and the company. They may include requirements for premium payments, coverage limits, claims procedures, and exclusions or limitations on coverage. Policyholders should carefully review the policy conditions to understand their rights and obligations under the insurance contract.
At PSIC, before issuing the policy, we generate a quote to provide you with a comprehensive understanding of the coverage we will provide and the contracting details such as deductible and payment, among others.
After issuance, we can send you the policy in digital or physical format, based on your preference, and it will always be available in My Portal.
Within the policy, you will find details about your coverage, including the perils we cover and applicable exclusions, among others. Make sure to read it carefully to understand your rights and obligations, and remember that your insurance agent is the best person to advise you.
These terms might be similar or associated with the term you have read before.
At PSIC, we consider that they can be helpful for you.
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5515 E. La Palma Ave. Ste. 150, Anaheim, CA 92807
Copyright © McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. 17486061 The insurance policy, not the contents of this website, forms the contract between the insured and the insurance company. The policy may contain limits, exclusions and limitations that are not detailed on this website. Coverage may differ by state.
Privacy Notice at Collection for CA employees
Last updated: June 27, 2023
We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.
Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.
Categories of Personal Information Collected
Purposes for Collecting and Using Your Personal Information
Managing Human Resource Functions:
Conducting business operations:
Monitoring:
Compliance with:
Investigating:
We will not retain your personal information for longer than necessary for the purposes set out in this notice. Different retention periods apply for different types of personal information.
When it is no longer necessary to retain your personal information, we will delete or anonymize it.