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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That extra income is effectively a premium for giving the issuer flexibility—much like underwriting an insurance policy or selling an option. Encyclopedia Britannica, 2 Apr. 2026 As the global economy stabilized, institutions like the IMF no longer needed to rely on the Paris Club as an insurance policy. Sven Van Mourik, The Dial, 31 Mar. 2026 How innovation can be used in insurance Wolff said AI could be used to explain to policyholders what their insurance policy covers. Paris Barraza, USA Today, 28 Mar. 2026 What’s the best type of travel insurance policy? Jessica Puckett, Condé Nast Traveler, 27 Mar. 2026 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 12 Apr. 2026.

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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