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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
Listen to this article Dolton has few remaining options for recourse after an Illinois Appellate Court affirmed the $33.5 million judgment stemming from a fatal police chase, and an insurance policy that only covers about one-third of the judgment, attorneys said.
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Olivia Stevens, Chicago Tribune, 12 July 2024
For example, mortgage loans often require borrowers to have insurance, yet a 30-year loan doesn’t need to be matched with a 30-year insurance policy: A one-year policy is treated as a sufficient signal that insurance will be available at roughly the same cost over the duration of the loan.
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Alena Botros, Fortune, 26 June 2024
Wennberg can be seen as an insurance policy for the Sharks if captain Logan Couture cannot return to the lineup full-time next season.
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Curtis Pashelka, The Mercury News, 1 July 2024
The insurance policy is canceled and a replacement policy is not submitted within 45 days.
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Angela Rodriguez, Sacramento Bee, 21 June 2024
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These examples are programmatically compiled from various online sources to illustrate current usage of the word 'insurance policy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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 26 Jul. 2024.
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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