in·sur·ance ( n-sh r ns)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
| Noun | 1. | insurance - 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 companysecurity, 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 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 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 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. | insurance - 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. | insurance - protection against future lossshelter, 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