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

Recent Examples on the Web
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The United States and its partners must dissuade the new Syrian government from holding on to the former regime’s chemical weapons as an insurance policy or to compensate for its depleted military capabilities. Gregory D. Koblentz, Foreign Affairs, 19 Dec. 2024 There’s also a complimentary insurance policy on every shipment, up to $500 for loss or damage. Bailey Berg, AFAR Media, 17 Dec. 2024 The new all-time high daily mantra in all assets classes is just another reason to consider booking profits and spending some money on an insurance policy. Jeff Kilburg, CNBC, 6 Dec. 2024 Every shipment, every transaction, every license, every insurance policy, every fee—thousands of variables—had to be accounted for, across all conceivable scenarios, until the sale was complete, the money collected and transacted, and everyone repaid. Josh Condon, Robb Report, 8 Dec. 2024 See all Example Sentences for insurance policy 

Dictionary Entries Near insurance policy

Cite this Entry

“Insurance policy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insurance%20policy. Accessed 11 Jan. 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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