Insurance Policy

B2 16+
Pronunciation Definitions Examples Grammatical Forms Origin and Evolution

Pronunciation: /ɪnˈʃʊr.əns ˈpɑl.ə.si/

Definitions of insurance policy

noun a contract in which an individual or entity receives financial protection or reimbursement against losses from an insurance company

Example Sentences

A1 I have an insurance policy for my car.

A2 She bought an insurance policy to protect her new phone.

B1 It is important to review your insurance policy annually to ensure you have adequate coverage.

B2 Before traveling abroad, make sure to check if your insurance policy covers medical emergencies.

C1 The insurance policy offered comprehensive coverage for all potential risks.

C2 After the storm damage, the homeowner filed a claim with the insurance company to activate their insurance policy.

Examples of insurance policy in a Sentence

formal It is important to thoroughly review the terms and conditions of an insurance policy before signing it.

informal Make sure you read the fine print on that insurance policy before you agree to it.

slang I got my car covered with this sick insurance policy that's got me sorted.

figurative Having a good insurance policy in place is like having a safety net for unexpected situations.

Grammatical Forms of insurance policy

plural

insurance policies

comparative

more insurance policy

superlative

most insurance policy

present tense

insures policy

future tense

will insure policy

perfect tense

has insured policy

continuous tense

is insuring policy

singular

insurance policy

positive degree

insurance policy

infinitive

to insure policy

gerund

insuring policy

participle

insured policy

Origin and Evolution of insurance policy

First Known Use: 1667 year
Language of Origin: Latin
Story behind the word: The concept of insurance dates back to ancient times when merchants would pool their resources to protect against losses from shipwrecks and other disasters.
Evolution of the word: Over time, the term 'insurance policy' evolved to refer to a formal contract between an insurer and insured individual detailing the terms of coverage and premiums.