insurance policy (also contract of insurance) noun [C]

a written agreement between a person or company and an insurance company:

One in fifteen holidaymakers who took out a travel insurance policy last year made a claim.

❖ to take out/apply for/have an insurance policy

◆ an accident/a life/travel insurance policy

• removal
• remove
• remover
• remunerate
• remuneration
• remuneration package
• remunerative
• rename
• render
• renege
• renegotiate
• renew
• renewable
• renewal
• renewal notice
• renovate
• rent
• rental
• rental fleet
• reopen
• reorder
• reorganization
• reorganize
• rep
• repackage