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

As for the payouts themselves, in the case of a traditional life insurance policy, you will usually receive your payment in one lump sum.

From Salon • Mar. 24, 2026

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 • Mar. 15, 2026

The bogus case against her 69-year-old father, Kwok Yin-sang, concerns a life and personal-injury insurance policy he took out decades ago.

From The Wall Street Journal • Feb. 27, 2026

Kwok Yin-sang attempted in 2025 to withdraw a balance of around US$11,000 by terminating an insurance policy he bought for his daughter when she was an infant.

From Barron's • Feb. 26, 2026

Jackie had called the sheriffs office because she needed a copy of the police report from the accident to process Jim’s life insurance policy.

From "A Deadly Wandering: A Mystery, a Landmark Investigation, and the Astonishing Science of Attention in the Digital Age" by Matt Richtel