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

Review your parent’s personal umbrella insurance policy to ensure the liability limit covers their net worth.

From MarketWatch • Jun. 30, 2026

“I promised early on: roof over everyone’s head, an insurance policy in every pocket and a college degree paid for,” he says.

From Los Angeles Times • Jun. 24, 2026

Finally, think of the 10% in your money market fund as an insurance policy in the unlikely event that the S&P 500 stays down for more than a year.

From The Wall Street Journal • May 21, 2026

If you're planning a holiday this summer, it's important to check the insurance policy details carefully so you don't get caught out.

From BBC • May 10, 2026

This was a form of insurance policy for me.

From "A Brief History of Time: And Other Essays" by Stephen Hawking