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

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

“The moment you say ‘I’m buying it’ and you send over a deposit or money, that insurance policy should start,” Fix said.

From MarketWatch • Apr. 10, 2026

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 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

It would have been wholly within character for Holmes to have first persuaded the “brother-in-law” to take out a life insurance policy with Holmes as beneficiary.

From "The Devil in the White City" by Erik Larson