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

He thinks there should be "a group insurance policy" available for small animals like his.

From BBC • Apr. 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

He planned to wait until it arrived to add it to his insurance policy — but the car disappeared in transit, stolen by the transport company.

From MarketWatch • Apr. 10, 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