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Meaning of “insurance policy” in the English Dictionary

"insurance policy" in British English

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insurance policynoun [C]

uk   /ɪnˈʃɔː.rəns ˌpɒl.ə.si/  us   /ɪnˈʃɔːr.əns ˌpɑː.lə.si/
a written agreement for insurance between an insurance company and a person who wants insurance: I took out a travel insurance policy before I boarded the plane.figurative There's one particular job I'm after but I'm applying for several others as an insurance policy (= because I might not get the job I want).
(Definition of insurance policy from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"insurance policy" in Business English

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insurance policynoun [C]

uk   us  
INSURANCE a document stating the agreement between an insurance company and a person or company that has arranged insurance with it: take out/apply for/have an insurance policy To make sure that your employer can pay the compensation, they must take out an insurance policy. a travel/accident insurance policy a household/life insurance policy
(Definition of insurance policy from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “insurance policy”
in Chinese (Simplified) 保险契约,保险单…
in Chinese (Traditional) 保險契約,保險單…
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