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

Noun Inflected Forms

• 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

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

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

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