insurance policy

American  

[in-shoor-uhns pahl-uh-see, in-shur-uhns] / ɪnˈʃʊər əns ˌpɑl ə si, ɪnˈʃɜr əns /

noun

plural

insurance policies

1. a contract with an insurer, specifying the types of losses or expenses to be covered and the conditions that apply.

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Example Sentences

While the pair both wanted to be conservationists as children, neither knew they would be on the frontline of Wales' insurance policy against plant extinction.

From BBC • Apr. 11, 2026

“The moment you say ‘I’m buying it’ and you send over a deposit or money, that insurance policy should start,” Fix said.

From MarketWatch • Apr. 10, 2026

His offense was trying to close an old life insurance policy that listed his dissident daughter as the beneficiary.

From The Wall Street Journal • Mar. 26, 2026

The first step is to locate the life insurance policy paperwork.

From Salon • Mar. 24, 2026

Paulson raised several billion dollars from investors who regarded his fund as an insurance policy on their portfolios of real estate–related stocks and bonds.

From "The Big Short" by Michael Lewis