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

Tokyo had taken out a $650-million insurance policy on the Games, according to a report by Szabo’s office. — James Rainey, Los Angeles Times, 1 Oct. 2026

The typical cost of a flood insurance policy is $1,100 per year, up roughly 90% in the last five years, the AP's estimates show. — Michael Phillis, Arkansas Online, 30 Sep. 2026

The typical cost of a flood insurance policy is $1,100 per year, up roughly 90% in the last five years, AP’s estimates show. — ABC News, 29 Sep. 2026

The typical homeowners insurance policy puts financial limits on coverage in a variety of ways — for example, by excluding certain types of disasters or capping payouts for certain items or types of damage. — Greg Iacurci, CNBC, 26 Sep. 2026

Rhymes for insurance policy

• impolicy

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