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

Ommen and other state commissioners stand watch at the nexus between those same private deals and a third source of investment dollars: Americans who buy life insurance policies and annuities.

From The Wall Street Journal

During the trial, the court heard how Richins, 35, had racked up millions of dollars in debt, had taken out life insurance policies on her husband, and was having an extramarital affair.

From BBC

The 51-year-old eventually opted for the private sector when changes in her husband's work health insurance policy meant she was covered and could afford the £20,000 treatment.

From BBC

Some standard insurance policies now include "absolute AI exclusion" clauses that expressly deny coverage for AI-related mishaps, Mitchell said.

From Barron's

"Very naively", said Shull, she had not read her insurance policy's small print, meaning that she would get nothing for what was lost or to help with re-opening the restaurant.

From BBC