Policy

Or, more fully, policy of assurance, or insurance, is the name by which the formal written instrument in which the contract of insurance is usually embodied, is known. The term policy of insurance cannot mean a verbal contract, altliough such contract may be a valid one.

Manny v. Dunlap, 1 Woolw. 372.

Policy of the la'w. This phrase, in a statute declaring that " no interest or policy of the law shall exclude a party from being a witness," &c., does not include the public policy which prevents a husband or wife from proving non-access.

Tioga Co. v. South Creek Township, 75 Pa. St. 433.