You can insert the word Draft using the watermark functionality.
In case of Word 2003: Select Format > Background > Printed Watermark. In the
dialog box, use the â€Text Watermark†option.
In case of Word 2007, you will find the functionality here: Page Layout tab
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Regards
Lene Fredborg - Microsoft MVP (Word)
DocTools - Denmark
www.thedoctools.com
Document automation - add-ins, macros and templates for Microsoft Word