insurance vs floating policy

floating policy vs insurance

insurance and floating policy both are nouns.

Word	Noun	Adjective	Verb	Adverb
insurance	Yes	No	No	No
floating policy	Yes	No	No	No

As nouns, floating policy is a hyponym of insurance; that is, floating policy is a word with a more specific, narrower meaning than insurance:

insurance: written contract or certificate of insurance
floating policy: an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location

Other hyponyms of insurance include floater.

insurance (noun)	floating policy (noun)
written contract or certificate of insurance	an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
protection against future loss

Difference between insurance and floating policy

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