What Is a Policy Schedule?
A policy schedule is a summary page that sits on top of a policy document. It lists the insured party, the insurer, the policy number, the coverage period, and the specific limits and premiums. It is the quick reference that customers and brokers use when they need to confirm coverage.
Even simple items like the risk address and the broker name matter because they show who arranged the policy and where the coverage applies.
Data You Need for a Policy Schedule
- Insurer name: the company underwriting the policy.
- Policy number: unique identifier for the policy.
- Insured party: the customer or organization covered.
- Coverage period: start and end dates.
- Premium: the total premium payable.
- Sum insured: the maximum coverage amount.
- Broker details: broker name and contact.
- Risk address: where the insured asset or property is located.
Example Policy Coverage Grid
| Section | Coverage | Limit | Excess |
|---|---|---|---|
| Buildings | Fire and Storm | $1,500,000 | $5,000 |
| Contents | Theft and Damage | $350,000 | $2,000 |
| Business Interruption | Loss of Income | $200,000 | $1,000 |
Create a Policy Schedule and Refresh the Document
Edit the data below and click Refresh document to update the policy schedule preview.
| Section | Coverage | Limit | Excess |
|---|---|---|---|
Policy Schedule Preview
Atlas Insurance Ltd
Broker: Coastal Risk Partners
broker@coastalrisk.com
99 Industrial Park, Port Elizabeth
| Section | Coverage | Limit | Excess |
|---|
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