Collocations for policy - noun

clear, coherent
explicit, specific
strict
conscious, deliberate
a deliberate policy to involve people of all ages

effective
sensible
controversial
flawed, misguided, short-sighted
the need to reform our flawed agricultural policy

disastrous
official, public
federal, government, party
company
editorial
The magazine has a misguided editorial policy.

domestic, internal, national, regional
foreign, international
expansionist, interventionary, protectionist, etc.
open-door
an open-door policy for migrant workers

affirmative-action (AmE)
affirmative-action policies that aim to help members of historically disadvantaged groups

zero-tolerance
We have a zero-tolerance policy for drugs.

agricultural, defence/defense, drug, drugs (BrE), economic, education, educational, employment, energy, environmental, financial, fiscal, health, housing, immigration, macroeconomic, monetary, security, social, tax, trade, transport (esp. BrE), etc.
admissions
Some have criticized universities for their admissions policies.

design, develop, formulate, frame, influence, shape
determine, dictate
a doctrine that would dictate American foreign policy for some time to come

establish, implement, institute, introduce, set
adopt, carry out, enact, enforce, follow, pursue
The government followed a policy of restraint in public spending.

have, operate
The company operates a strict no-smoking policy.

advocate, approve, endorse, favour/favor, promote, support
oppose
reverse
abandon

be aimed at sth, be designed to do sth
a policy aimed at halting economic recession
policies designed to support and encourage marriage

govern sth
policies governing the management of the environment

affect sb/sth
Their economic policies affect us all.

prohibit sth
a policy prohibiting sexual harassment

decision, making
proposal, recommendation
objective
issue
the need to address public policy issues at the national level

change, reform, review
agenda
document, statement
adviser, analyst, expert, maker, wonk (esp. AmE)
a policy adviser who made his name as a health reformer

policy of
The company's policy of expansion has created many new jobs.

policy on
the party's policy on housing

a matter of policy
It is a matter of company policy that we do not disclose the names of clients.

insurance
buildings and contents (BrE), home and contents (AmE), home contents (BrE), household contents (BrE)
auto (AmE), motor (BrE)
life, life-assurance (BrE), life-insurance
endowment, pension (both BrE)

take out
renew

cover sb/sth
The policy covers (you for) accidental loss or damage.

expire

holder
schedule (BrE)

in a/the policy
risks defined in the policy

under a/the policy
the types of claims covered under the policy