Vocab Bloom Hub

insurance policy

/ɪnˈʃʊərəns ˈpɒləsi/

1 entry

phrase

/ɪnˈʃʊərəns ˈpɒləsi/B2formallegal
  • ruФормальный договор между физическим или юридическим лицом и страховой компанией, по которому страховщик обязуется предоставить финансовую защиту или компенсацию при наступлении определенных убытков, повреждений, заболеваний или ответственности в обмен на регулярные страховые взносы.

A formal contract between an individual or entity and an insurance company, where the insurer agrees to provide financial protection or compensation against specified losses, damages, illnesses, or liabilities in exchange for regular premium payments.

  1. Contract of coverageB2formal

    A formal contract between an insurer and a policyholder that provides financial protection against specified risks in exchange for premium payments.

    ruДоговор страхования

    • She signed an insurance policy to cover her new car.
    • The insurance policy clearly states the terms and conditions.
    • He reviewed his insurance policy to understand the coverage limits.
  2. Risk management toolB2formal

    A document or agreement that outlines the terms of coverage for potential losses or damages.

    ruИнструмент управления рисками

    • The company purchased an insurance policy to protect against liability claims.
    • An insurance policy can be tailored to specific business needs.
    • They filed a claim under their insurance policy after the fire.