- (insurance) A legal document outlining a particular insurance cover for an insured entity for a given risk.
- Something that protects or safeguards.
- 2017 December 27, “The Guardian view on Prince Harry: the monarchy’s best insurance policy”, in the Guardian:
- Prince Harry may yet turn out to be the crown’s best insurance policy. By marrying Meghan Markle, he is linking royalty with a 21st-century celebrity who has a backstory that many people in Britain can identify with.