A policy is the proof that you are insured. It is a contract between the insured individual and the insurance company.

For instance, for motor insurance, windscreen is a proof of an insurance. Therefore, an insurance policy is the contract.

• Choosing the right policy

Everyone has a different reason for buying insurance and it is important to first identify that reason. Thereafter, select the right policy to address the need.

There is a wide range of insurance products offered by insurance companies each with different features, terms and conditions and costs.

It is important to shop around and do some research to find out which products meets your needs and budget.

Make sure you read and understand the terms and conditions and ask questions where you are not sure