Understanding the Difference Between Policies and Guidelines in the Insurance Industry

Insurance is an industry that can often confuse people due to its complex and often confusing structures. One area that can get confusing is the difference between policies and guidelines. Policies are generally more formal and enforceable, meaning that leaders have the ability to discipline employees who violate them.

They can also help companies establish their standards of conduct. A bank, for instance, may have a policy about cash handling. Policies can cover a wide range of issues, but they usually address core company functions. assurance en ligne