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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Other Word Forms

Inflected Forms

noun

• insurance policies
  plural

Example Sentences

It all began to unravel for Greensill when an insurance policy that kept the business humming expired in early 2021.

From The Wall Street Journal • Jun. 4, 2026

His insurance policy does provide some reimbursement for code upgrades, but he said it won’t come close to the costs the family is facing.

From Los Angeles Times • May 15, 2026

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

From BBC • 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

It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term.

From "The Big Short" by Michael Lewis