[in-shoo r-uh ns, -shur-] /ɪnˈʃʊər əns, -ˈʃɜr-/
the act, system, or business of 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.
the amount for which anything is .
an insurance premium.
any means of guaranteeing against loss or harm:
Taking vitamin C is viewed as an insurance against catching colds.
of or relating to a score that increases a team’s lead and 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.
a means of protecting or safeguarding against risk or injury
1550s, “engagement to marry,” a variant of ensurance (see ensure). Commercial sense of “security against loss or death in exchange for payment” is from 1650s. Assurance was the older term for this (late 16c.).
- Insurance carrier
noun an insurance company; an insurer
[in-shoo r-uh nt, -shur-] /ɪnˈʃʊər ənt, -ˈʃɜr-/ noun 1. a person who takes out an insurance policy.
[in-shoo r, -shur] /ɪnˈʃʊər, -ˈʃɜr/ verb (used with object), insured, insuring. 1. to guarantee against loss or harm. 2. to secure indemnity to or on, in case of loss, damage, or death. 3. to issue or procure an policy on or for. 4. (defs 1–3). verb (used without object), insured, insuring. 5. to issue or […]
[in-shoo rd, -shurd] /ɪnˈʃʊərd, -ˈʃɜrd/ noun 1. the person, group, or organization whose life or property is covered by an policy. [in-shoo r, -shur] /ɪnˈʃʊər, -ˈʃɜr/ verb (used with object), insured, insuring. 1. to guarantee against loss or harm. 2. to secure indemnity to or on, in case of loss, damage, or death. 3. to […]