Laravel Policies are a feature that allows developers to define authorization rules for resources within their applications, including models, views, and actions. They provide a simple yet powerful way to control access to resources in a web application. Policies can be used to restrict access to user data, manage permissions for actions, restrict access to resources, implement business rules, and more. Laravel Policies are generally more flexible than Gates, allowing for finer-grained control over resource access and can be easily integrated with controllers, routes, and middleware. They provide a powerful way to build a more secure and reliable web application.