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insurance
[ in-shoor-uhns, -shur- ]
noun
- the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved.
- coverage by contract in which one party agrees to indemnify or reimburse another for loss that occurs under the terms of the contract.
- the contract itself, set forth in a written or printed agreement or policy.
- an insurance premium.
- any means of guaranteeing against loss or harm:
Taking vitamin C is viewed as an insurance against catching colds.
adjective
- of or relating to a score that increases a team's lead and insures that the lead will be held if the opposing team should score once more:
The home run gave the team an insurance run, making the score 7-5.
insurance
/ ɪnˈʃʊərəns; -ˈʃɔː- /
noun
- the act, system, or business of providing financial protection for property, life, health, etc, against specified contingencies, such as death, loss, or damage, and involving payment of regular premiums in return for a policy guaranteeing such protection
- the state of having such protection
- Also calledinsurance policy the policy providing such protection
- the pecuniary amount of such protection
- the premium payable in return for such protection
- ( as modifier )
insurance broker
insurance agent
insurance company
- a means of protecting or safeguarding against risk or injury
Other Words From
- nonin·surance noun
- prein·surance noun
- proin·surance adjective
Word History and Origins
Origin of insurance1
Example Sentences
Four people have been arrested after allegedly filing fake insurance claims stating that a bear had damaged the interiors of three luxury cars.
The footage drew suspicion from investigators with the California Department of Insurance, who after executing a search warrant, found a bear costume in the suspects’ home.
There were three total incidents where the suspects filed insurance claims for cars-damaged-by-bear, investigators said.
There were two additional insurance claims filed with two different insurance companies, each with the same date of loss, the same address and the same alleged bear damage.
The Glendale Police Department and the California Highway Patrol assisted in the investigation, the state's Insurance Department said.
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