Definitions for insurance
ɪnˈʃʊər əns, -ˈʃɜr-in·sur·ance

insurance(noun)
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
policy, insurance policy, insurance(noun)
written contract or certificate of insurance
"you should have read the small print on your policy"
indemnity, insurance(noun)
protection against future loss

Insurance(n.)
Hence: Any means of assuring against loss; a precaution; as, we always use our seat belts as insurance against injury.
Etymology: [From Insure.]

insurance(Noun)
A means of indemnity against a future occurrence of an uncertain event.
The car was totalled, but fortunately I had insurance.
Etymology: From old form ensurance, see also assurance.
insurance(Noun)
The business of providing insurance.
After five years in banking, I switched to insurance.
Etymology: From old form ensurance, see also assurance.
insurance(Noun)
Metaphoric: Any attempt to anticipate an unfavorable event.
The sky was clear, but I took my umbrella for insurance.
Etymology: From old form ensurance, see also assurance.
insurance(Noun)
Blackjack: A bet made after the deal, which pays off if the dealer has blackjack.
I only take insurance if the count is right.
Etymology: From old form ensurance, see also assurance.
insurance(Noun)
An insurance policy
Etymology: From old form ensurance, see also assurance.

Insurance(noun)
the act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6
Etymology: [From Insure.]
Insurance(noun)
the premium paid for insuring property or life
Etymology: [From Insure.]
Insurance(noun)
the sum for which life or property is insured
Etymology: [From Insure.]
Insurance(noun)
a guaranty, security, or pledge; assurance
Etymology: [From Insure.]

Insurance
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An insurer, or insurance carrier, is a company selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice. The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the case of a financial loss. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated.

Insurance
Coverage by contract whereby one part indemnifies or guarantees another against loss by a specified contingency.

Spoken Corpus Frequency
Rank popularity for the word 'insurance' in Spoken Corpus Frequency: #1557
Written Corpus Frequency
Rank popularity for the word 'insurance' in Written Corpus Frequency: #1132
Nouns Frequency
Rank popularity for the word 'insurance' in Nouns Frequency: #660

Chaldean Numerology
The numerical value of insurance in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of insurance in Pythagorean Numerology is: 5

Peter Reese:
Beyond trials, we have to find a way to pay for it through insurance, the single biggest barrier is being able to guarantee that the hepatitis C can be treated, even before the patients sign up for the program. I think that’s the big mountain ahead.
Dan Green:
Flood insurance costs vary, starting around $35 per month and range up to $100 per month, in a typical-sized home, one inch of floodwater can cause $20,000 of damage.
Rand Paul:
And they’re being asked to vote for something that we never promised. We promised the American voters that we would repeal ObamaCare. But when you’re keeping half the taxes, most of the regulations and creating a brand new insurance bailout superfund -- that to most people just does n’t sound like repeal.
Diana Mattson:
If we had not had the insurance, I do not know what we would have done, who would we have called while we were sitting on that island? I would not have known which hospital to call to get a room and a doctor. I can’t imagine the crushing cost if we had not had insurance.
Kathleen Sebelius:
To get all Americans covered by health insurance, where cost is not a barrier, we need innovative ideas like this.