Lexeme: insurance policy  
Inferred
Definition:
  1. ['noun']. An insurance policy is a contract between an individual or business and an insurance company. It outlines the terms and conditions of the insurance coverage, including the types and extent of protection provided, the premium amount to be paid by the policyholder, and the procedures for filing a claim. Insurance policies help protect against financial losses due to various risks such as accidents, injuries, property damage, or liability claims. GPT3.5
Word Forms:
  • noun. insurance policy (singular), insurance policies (plural)
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Policy Examples:
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