limited policy

American  

noun

Insurance.

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

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Example Sentences

It stressed that the impact of prior rate cuts is still filtering through the economy, and again mentioned limited policy space, but also said that the BOT remains ready to adjust its stance if needed.

From The Wall Street Journal

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