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    Póliza (en. Policy)

    /ˈpo.li.θa/

    Meaning & Definition

    EnglishSpanish
    noun
    Legal document that specifies the terms and conditions of an insurance policy.
    It is important to read the policy carefully before signing.
    Es importante leer detenidamente la póliza antes de firmar.
    Contract through which risk coverage is established.
    The health policy covers medical expenses in case of illness.
    La póliza de salud cubre gastos médicos en caso de enfermedad.
    Formal agreement between the insurer and the insured.
    The terms of the policy will be reviewed each year.
    Se revisarán los términos de la póliza cada año.

    Etymology

    It originates from the Latin 'politia', which means 'official document'.

    Common Phrases and Expressions

    Health insurance policy
    Contract that covers medical expenses.
    póliza de salud
    Life insurance policy
    Insurance that pays a sum upon the insured's death.
    póliza de vida
    Auto insurance policy
    Document that covers risks associated with vehicles.
    póliza de auto

    Related Words

    To insure
    To protect something against risks.
    asegurar
    Insurer
    Company that provides insurance.
    aseguradora
    Coverage
    Protection offered by a policy.
    cobertura

    Slang Meanings

    Death trap policy
    That policy hardly covers anything.
    Esa póliza no cubre prácticamente nada.
    Paper policy
    The paper policy is useless if you can't use it in practice.
    La póliza de papel no sirve si no puedes usarla en la práctica.