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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) protectionsecurity
    • 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 measure

    More definitions, origin and scrabble points

  2. 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 policies. Life, health,...

  3. en.wikipedia.org › wiki › InsuranceInsurance - Wikipedia

    Stock Market. Super angel. Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.

  4. Feb 14, 2024 · Designed to safeguard your financial foothold, insurance is an agreement in which you pay premiums for a certain time to get guaranteed cover for your monetary losses due to an unfortunate event. How does insurance work? Before you understand how insurance works, it’s crucial to have proper clarity about what is an insurance policy.

  5. 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. Mar 31, 2023 · Insurance 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.

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

  8. www.investopedia.com › insurance-4427716Insurance - Investopedia

    Feb 22, 2011 · Learn about insurance providers and insurance types including life, auto, home, health, and more. Browse Investopedia’s expert-written library to learn more. Skip to content