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1. Dictionary

   insurance

   /ɪnˈʃʊərəns/

   noun

   • 1. an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium: "many new borrowers take out insurance against unemployment or sickness" Similar indemnityindemnification(financial) protectionsecuritysuretycoverassurance
   • ▪ the business of providing insurance: "Howard is in insurance"
   • ▪ money paid for insurance: "my insurance has gone up"
   • ▪ money paid out as compensation under an insurance policy: "when will I be able to collect the insurance?"
   • 2. a thing providing protection against a possible eventuality: "jackets were hung on the back of their chairs, insurance against an encounter with air-conditioning" Similar protectiondefencesafeguardsafety measuresheltersecurityprecautionprovisionpreventive measureimmunityguaranteewarrantyinformal:backstop

   Word Origin late Middle English (originally as ensurance in the sense ‘ensuring, assurance, a guarantee’): from Old French enseurance, from enseurer (see ensure). insurance (sense 1) dates from the mid 17th century.

   Scrabble Points: 11

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2. www.investopedia.com › terms › iInsurance: Definition, How It Works, and Main Types of Policies

   www.investopedia.com › terms › i

   • Cached

   Feb 28, 2024 · Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. There are many types of insurance...

3. dictionary.cambridge.org › dictionary › englishINSURANCE | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

   • Cached

   an agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc.: car / travel insurance. take out insurance I'll need to take out extra car insurance for another driver. The insurance doesn't cover you for (= include) household items.

4. money.com › what-is-insuranceWhat is Insurance? Definition, How it Works, & Examples - Money

   money.com › what-is-insurance

   • Cached

   Mar 31, 2023 · Definition. Insurance is an agreement between an individual policy (or a business) and an insurance company. Under this agreement, the policyholder pays premiums to the insurer in exchange for financial compensation in the event of a covered incident.

5. www.britannica.com › money › insuranceInsurance | Definition, History, Types, Companies, & Facts |...

   www.britannica.com › money › insurance

   • Cached

   Sep 6, 2024 · insurance, a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to render services to the insured in the event that certain accidental occurrences result in losses during a given period.

6. www.merriam-webster.com › dictionary › insuranceInsurance Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › insurance

   • Cached

   The meaning of INSURANCE is coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril. How to use insurance in a sentence.

7. dictionary.cambridge.org › us › dictionaryINSURANCE | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › us › dictionary

   • Cached

   INSURANCE meaning: 1. an agreement in which you pay a company money and they pay your costs if you have an accident…. Learn more.

8. www.moneygeek.com › insurance › what-is-insuranceInsurance 101: Definition, Components and Benefits - MoneyGeek

   www.moneygeek.com › insurance › what-is-insurance

   • Cached

   Sep 20, 2024 · Insurance is a contract between an individual and an insurance company in which the carrier agrees to provide the insured with a set amount of financial reimbursement after a covered loss.