insurance policy

American  

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

noun

insurance policies plural

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

Buy and hold a portfolio composed mainly of a stock index fund with a money-market fund as an insurance policy.

From The Wall Street Journal • May 21, 2026

Stafford joined workouts before the season and remained healthy throughout, but Garoppolo was perhaps the most valuable insurance policy in the NFL.

From Los Angeles Times • Apr. 21, 2026

"The cost of the satellite is expected to be recovered under the company's insurance policy," it said.

From Barron's • Apr. 20, 2026

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

White suspected that Hale had ginned up the document while trying to obtain the insurance policy, and altered it after realizing that he had blundered on the date.

From "Killers of the Flower Moon" by David Grann