insurance policy
A Contractual arrangement to compensate for potential future illness or loss of life, or for the loss or impairment of *assets. Insurance is a means of *risk management, and insurance cover is normally arranged through the regular payment of a *premium.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • insurance policy — n: a writing whereby a contract of insurance is made in which the rights and duties of the insurer and the insured are set out Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. insurance policy …   Law dictionary

  • Insurance policy — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …   The Collaborative International Dictionary of English

  • insurance policy — A contract detailing an insurance policy and outlining what risks are insured, what insurance premiums are to be paid by the policyholder, what deductibles prevail, and all the details associated with a policy. Bloomberg Financial Dictionary * *… …   Financial and business terms

  • insurance policy — noun written contract or certificate of insurance you should have read the small print on your policy • Syn: ↑policy, ↑insurance • Hypernyms: ↑contract • Hyponyms: ↑floater, ↑ …   Useful english dictionary

  • insurance policy — UK / US noun [countable] Word forms insurance policy : singular insurance policy plural insurance policies an official document containing the details of the agreement between you and an insurance company …   English dictionary

  • insurance policy — draudimo liudijimas statusas Aprobuotas sritis draudimo veikla apibrėžtis Draudiko išduodamas dokumentas, kuriuo patvirtinamas draudimo sutarties sudarymas. atitikmenys: angl. insurance policy šaltinis Lietuvos Respublikos draudimo įstatymo 1, 2 …   Lithuanian dictionary (lietuvių žodynas)

  • insurance policy — Synonyms and related words: accident insurance, actuary, annuity, arrangement, assurance, aviation insurance, bail bond, bond, business life insurance, casualty insurance, certificate of insurance, contract by deed, contract of record, contract… …   Moby Thesaurus

  • insurance policy — in surance .policy plural insurance policies n a written agreement for insurance with an insurance company …   Dictionary of contemporary English

  • insurance policy — noun A legal document outlining a particular insurance cover for an insured entity for a given risk. For example; [ …   Wiktionary

  • insurance policy — in surance ,policy noun count an official document containing the details of the agreement between you and an insurance company …   Usage of the words and phrases in modern English

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