insurance policy

noun

: a document that contains the agreement that an insurance company and a person have made

Examples of insurance policy in a Sentence

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But the organization still has a governance structure, and to discourage Israeli attempts to assassinate them, its remaining leaders seek to maintain a human shield—a kind of insurance policy—in the form of a small number of hostages, mostly soldiers. Amos Harel, Foreign Affairs, 7 Apr. 2025 That’s the kind of insurance policy that could provide a worthwhile short-term benefit. Steve Silverman, Forbes.com, 31 Mar. 2025 Once approved, the provider will underwrite the fraud loss insurance policy, using historical data for AI analysis. Sunil Madhu, Forbes, 24 Mar. 2025 The average full-cover auto insurance policy may cost about 8% more − or close to $200 − by the end of the year, according to an analysis by Insurify. Joey Garrison, USA Today, 31 Mar. 2025 See All Example Sentences for insurance policy

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“Insurance policy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insurance%20policy. Accessed 22 Apr. 2025.

Legal Definition

insurance policy

noun
: a writing whereby a contract of insurance is made in which the rights and duties of the insurer and the insured are set out

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