limited policy

noun

Insurance.

1. a policy that covers only certain types of losses within an area of risks.

Example Sentences

Funded by the insurers doing business in California, the Fair Access to Insurance Requirement plan provides a limited policy as a fallback for property owners unable to find conventional coverage they can afford.

From Los Angeles Times

Those who had opted not to attend this year after attending previously cited the diminishing value of investment and limited policy changes as among their reasons.

From Reuters

“The United States and its allies have limited policy options in addressing this new challenge,” Washington-based Center for Strategic and International Studies said in an analysis.

From Seattle Times

While both Wang and Hu served stints leading the economic powerhouse of Guangdong province and are seen as pragmatic, pro-reform officials, their capacity to make major changes could be limited, policy insiders said.

From Reuters

“Countries with high debt levels and limited policy space will face additional strains. Look no further than Sri Lanka as a warning sign,” she said.

From Washington Post