What does it mean that the insurance policy is signed by the company?
The receipt of the insurance policy is kept by the company. When you sign the insurance policy, the insurance company requires you to sign the receipt and return it to the insurance company to confirm that you have received and agreed to the terms and insurance responsibilities on the insurance policy. This receipt is provided by the insurance company and is sometimes called "customer confirmation". The insurance company will keep a copy as a backup to check and solve disputes or complaints in the future. The main purpose of keeping receipts is to ensure that the policies and communication between insurance companies and customers are consistent, and at the same time to ensure that both parties have a clear understanding of insurance responsibilities and obligations.