insurance (Meaning)
insurance (n)
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
written contract or certificate of insurance
protection against future loss
insurance (n.)
The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6.
The premium paid for insuring property or life.
The sum for which life or property is insured.
A guaranty, security, or pledge; assurance.
Synonyms & Antonyms of insurance
insurance Sentence Examples
- My car insurance premium has increased due to a recent accident.
- Health insurance provides coverage for medical expenses and treatments.
- Life insurance offers financial protection to beneficiaries after the insured person's death.
- I need to review my insurance policy to make sure it covers my current needs.
- Property insurance protects against damage or loss to buildings, vehicles, and other property.
- Term life insurance provides coverage for a specific period of time.
- The deductible on my insurance is $500, which means I pay the first $500 of expenses before the insurance kicks in.
- I have been a loyal customer with my insurance company for over ten years.
- Insurance agents can help you find the best coverage for your individual needs.
- It's important to shop around for insurance quotes before making a decision.
FAQs About the word insurance
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, wr
preventive, precaution, defense, protection, safeguard, preventative, lock, armor, palladium,shield
instability, risk, instability, threat, threat,risk, hazard, hazard, vulnerability, exposure
My car insurance premium has increased due to a recent accident.
Health insurance provides coverage for medical expenses and treatments.
Life insurance offers financial protection to beneficiaries after the insured person's death.
I need to review my insurance policy to make sure it covers my current needs.
