> For the complete documentation index, see [llms.txt](https://docs.fida.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.fida.finance/fida-policy/policy-life-cycle.md).

# Policy Life Cycle

{% embed url="<https://stately.ai/registry/machines/5f88546f-aac3-4c8a-a749-ec97a28e060c.dark.png>" %}
[Run simulation](https://stately.ai/registry/editor/2dd90700-b45e-481b-ac2f-f21c7c869a4d?machineId=5f88546f-aac3-4c8a-a749-ec97a28e060c\&mode=Simulate)
{% endembed %}