- 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.
- the amount for which anything is insured.
- 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 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.
Origin of insurance
Related Words for insuranceallowance, coverage, guarantee, warranty, backing, warrant, support, indemnification, cover, indemnity, safeguard, provision, assurance
Examples from the Web for insurance
Contemporary Examples of insurance
His father, a writer, and his mother, who worked in insurance, were flawless.The Story of the World’s Greatest Cricket Player
December 24, 2014
She freely admits that she was using both to self-medicate after she lost her insurance.States Slap Pregnant Women With Harsher Jail Sentences
December 12, 2014
Most of them have insurance, and only a small percentage face catastrophic illness.Staving Off a Democratic Civil War
December 2, 2014
Does that mean that when the insurance company pays my doctor they also pay the same amount to me?Up to a Point: Thanks to the Biggest Turkey, Uncle Sam
P. J. O’Rourke
November 27, 2014
Thankful that I made it this far without fearing dying of a treatable illness because I had no insurance.From Socially Isolated Nerd to Jeopardy! Bad Boy: A Thank You Note
November 27, 2014
Historical Examples of insurance
Thanks to that evening's performance I was able to pay the insurance company.My Double Life
This was the first insurance company with which he was ever connected.Cleveland Past and Present
"They might have deserted her for her insurance," suggested Madden tentatively.The Cruise of the Dry Dock
T. S. Stribling
How was it that the insurance companies were so unconcerned?Bremen Cotton Exchange
Andreas Wilhelm Cramer
But disputes as to insurance and club money were the most numerous.Adventures and Recollections
Bill o'th' Hoylus End
- 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 called: insurance policythe policy providing such protection
- the pecuniary amount of such protection
- the premium payable in return for such protection
- (as modifier)insurance agent; insurance broker; insurance company
- a means of protecting or safeguarding against risk or injury