You might also find your answer in the LastPass Enterprise Manual.

How do I create and manage Policies?

Policies can be managed by navigating to the Administrator Dashboard and clicking the Settings Tab, and selecting Policies.

For LastPass Enterprise, click on the ‘add policy’ button to create a new policy on your enterprise account. Select your inclusive or exclusive group of users, or leave blank, and fill in the 'value' and 'notes' fields where applicable. By hitting save, the policy will be activated for all Enterprise Users.

For LastPass Teams, click on any of the toggles to enable, or disable, the available policies.

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