insurance policy

US /ɪnˈʃʊr.əns ˌpɑːl.ə.si/
UK /ɪnˈʃʊr.əns ˌpɑːl.ə.si/
"insurance policy" picture
1.

a document detailing the terms and conditions of an insurance contract

:
Make sure you read your insurance policy carefully before signing.
The company offers various types of insurance policies.