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French to English translations [PRO] Law/Patents - Insurance
French term or phrase:régularisation de la police
La régularisation de la police sera effectuée en fin d'année d'assurance sur la base des déclarations qui auront été remises à l'assureur tout au long de l'année.
I know that the Termium and the Grand Dictionnaire have "take up" policy for this but I don't see how it fits here. Could it be some sort of financial adjustment? The bit above this is talking about a profit sharing clause and the dividends uder this.