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

“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

His offense was trying to close an old life insurance policy that listed his dissident daughter as the beneficiary.

From The Wall Street Journal • Mar. 26, 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 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

But they know it’s bad when he takes a physical and is rejected for an insurance policy.

From "Vincent and Theo: The Van Gogh Brothers" by Deborah Heiligman