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insurance

   Also found in: Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
in·sur·ance  (n-shrns)
n.
1.
a. The act, business, or system of insuring.
b. The state of being insured.
c. A means of being insured.
2.
a. Coverage by a contract binding a party to indemnify another against specified loss in return for premiums paid.
b. The sum or rate for which such a contract insures something.
c. The periodic premium paid for this coverage.
3. A protective measure: biking helmets that provide insurance against a head injury.
adj. Sports
Of, relating to, or being a score that increases a team's lead enough to prevent the opposing team from tying the game with one more score: an insurance run.

insurance
Noun
1. the agreement by which one makes regular payments to a company who pay an agreed sum if damage, loss, or death occurs
2. the money paid for insurance or by an insurance company
3. a means of protection: sensible insurance against heart attacks
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.insuranceinsurance - 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
security, protection - defense against financial failure; financial independence; "his pension gave him security in his old age"; "insurance provided protection against loss of wages due to illness"
assurance - a British term for some kinds of insurance
automobile insurance, car insurance - insurance against loss due to theft or traffic accidents
business interruption insurance - insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril
coinsurance - insurance issued jointly by two or more underwriters
fire insurance - insurance against loss due to fire
group insurance - insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group
hazard insurance - insurance that provides protection against certain risks such as storms or fires
health insurance - insurance against loss due to ill health
liability insurance - insurance that provides protection from claims arising from injuries or damage to other people or property
life assurance, life insurance - insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance"
malpractice insurance - insurance purchased by physicians and hospitals to cover the cost of being sued for malpractice; "obstetricians have to pay high rates for malpractice insurance"
reinsurance - sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured; "reinsurance enables a client to get coverage that would be too great for any one company to assume"
self-insurance - insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy
term insurance - low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value; "term insurance is most often associated with life insurance policies"
2.insuranceinsurance - written contract or certificate of insurance; "you should have read the small print on your policy"
contract - a binding agreement between two or more persons that is enforceable by law
floating policy, floater - an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
3.insuranceinsurance - protection against future loss
shelter, protection - the condition of being protected; "they were huddled together for protection"; "he enjoyed a sense of peace and protection in his new home"

insurance
Translations
Spanish insurance [ɪnˈʃuərəns] nseguro;
fire/life insurance → seguro de incendios/vida;
to take out insurance (against) → hacerse un seguro (contra)

French insurance [ɪnˈʃuərəns] nassurance f;
fire/life insurance → assurance-incendie/-vie;
to take out insurance (against) → s'assurer (contre)

German insurance [ɪnˈʃuərəns] nVersicherung f;
fire/life insurance → Brand-/Lebensversicherung f;
to take out insurance (against) → eine Versicherung abschließen (gegen)

Italian insurance [ɪnˈʃuərəns] nassicurazione f;
fire/life insurance → assicurazione contro gli incendi/sulla vita;
to take out insurance (against) → fare un'assicurazione (contro), assicurarsi (contro)

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? Mentioned in ? References in classic literature
 
AN Insurance Agent was trying to induce a Hard Man to Deal With to take out a policy on his house.
Didn't you once say that whatever ship Ahab sails in, that ship should pay something extra on its insurance policy, just as though it were loaded with powder barrels aft and boxes of lucifers forward?
The Manufacturer, seeing that he could get no labour for a long time and finding the times pretty hard anyhow, burned down his shoe factory for the insurance, and when the strikers wanted to resume work there was no work to resume.
 
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