Need help with editing product descriptions

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I have an online video game store where I have a lot of products and would like some assistance in streamlining the editing of descriptions. My descriptions consist of two parts, the first is one that is specific to the product and the second is our overall merchant policies. For this second part, I'm trying to figure out how (instead of being just text) to use some kind of code or something to link it to an external source where it pulls the text from. The idea would be when this information needs to change, I could do it once on the external source and not have to go through all of the product descriptions manually. Hope this question makes sense. Any help would be very much appreciated.

Thank you!

See example product page: