insurance policy vs warranty

insurance policy

noun
  • A legal document outlining a particular insurance cover for an insured entity for a given risk. 

  • Something that protects or safeguards. 

warranty

noun
  • A stipulation of an insurance policy made by an insuree, guaranteeing that the facts of the policy are true and the insurance risk is as stated, which if not fulfilled renders the policy void. 

  • A written guarantee, usually over a fixed period, provided to someone who buys a product or item, which states that repairs will be provided free of charge in case of damage or a fault. 

  • A guarantee that a certain outcome or obligation will be fulfilled; security. 

  • A legal agreement, either written or oral (an expressed warranty) or implied through the actions of the buyer and seller (an implied warranty), which states that the goods or property in question will be in exactly the same state as promised, such as in a sale of an item or piece of real estate. 

  • Justification or mandate to do something, especially in terms of one’s personal conduct. 

verb
  • To warrant; to guarantee. 

How often have the words insurance policy and warranty occurred in a corpus of books? (source: Google Ngram Viewer )