You can delete any custom policy.
Before You Begin
You must have the Policy Administrator role to delete policies.
You can also delete a policy with the Policy API.
Go to Policies > Policies at the top of the Veracode Platform.
Find the policy you want to delete from the Policies table.
Click the Actions menu and select Delete Policy.
If the policy is assigned to any applications, select another policy from the Select New Policy dropdown menu to replace it, and click Next.