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. 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. 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. Curtis Pashelka, The Mercury News, 1 July 2024 The insurance policy is canceled and a replacement policy is not submitted within 45 days. Angela Rodriguez, Sacramento Bee, 21 June 2024 See all Example Sentences for insurance policy 

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.

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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

More from Merriam-Webster on insurance policy

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