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What is another word for insurance contract?

Pronunciation: [ɪnʃˈʊ͡əɹəns kˈɒntɹakt] (IPA)

"Insurance contract" is a commonly used term in the insurance industry, but there are other synonyms that can refer to the same document. Such terms include "policy," "coverage agreement," "insurance agreement," "insurance policy," "contract of indemnity," "underwriting agreement," and "insuring agreement." Regardless of the label used, these documents outline the terms and conditions of the insurance coverage, including the premium amount, coverage limits, and any exclusions or limitations. It is important for policyholders to fully understand the terminology used in their insurance contract to ensure they have the appropriate coverage for their needs.
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What are the hypernyms for Insurance contract?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Insurance contract

  • Well, let's go back to the original intent of Social Security. It is an insurance contract.
    Chuck Hagel
  • The first known life insurance contract was written in 1536 on the life of a British merchant, William Gybbons, for a term of one year. Gybbons died shortly before the policy was to expire, but the insurers refused the claim. They held that that Gybbons had indeed survived "twelve months" - twelve months (of 28 days). The insurers were taken to court and ordered to pay.
    Andrew Tobias

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