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Policy

Simple definitions of common commercial insurance terms.

Terms  

Job Rotation Policy

A contract where parties agree to resolve disputes through arbitration instead of court. It sets out the process, rules, and appointment of an arbitrator to deliver a binding decision.

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Joint Venture Policy

A contract where parties agree to resolve disputes through arbitration instead of court. It sets out the process, rules, and appointment of an arbitrator to deliver a binding decision.

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Jurisdiction Policy

A contract where parties agree to resolve disputes through arbitration instead of court. It sets out the process, rules, and appointment of an arbitrator to deliver a binding decision.

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Keyholder Policy

A contract where parties agree to resolve disputes through arbitration instead of court. It sets out the process, rules, and appointment of an arbitrator to deliver a binding decision.

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Knowledge Management Policy

A contract where parties agree to resolve disputes through arbitration instead of court. It sets out the process, rules, and appointment of an arbitrator to deliver a binding decision.

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Key Performance Indicator Policy

A contract where parties agree to resolve disputes through arbitration instead of court. It sets out the process, rules, and appointment of an arbitrator to deliver a binding decision.

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© 2026 upcover Pty Ltd ABN 17 628 197 437, Corporate Authorised Representative (CAR 1299211) of Experience Insurance Services Pty Ltd ABN 41 657 596 506, AFSL 539078. upcover arranges insurance products with selected insurers and underwriters. upcover does not compare all general insurers or insurance products available in the market.

The information contained on this website is general advice only and has been prepared without taking into account your individual needs, objectives and financial situation. It should not be relied upon as advice. All insurance products are subject to the terms, conditions, limits and exclusions contained in the relevant policy wording and Product Disclosure Statement.  Before deciding whether a particular insurance product is right for you, please consider your personal circumstances and read the relevant Product Disclosure Statement, Target Market Determination, Policy Wording, and Financial Services Guide.