What does insurance mean?
Definitions for insurance
ɪnˈʃʊər əns, -ˈʃɜr-in·sur·ance
Here are all the possible meanings and translations of the word insurance.
Princeton's WordNet
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
GCIDE
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.]
Wiktionary
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.
Webster Dictionary
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.]
Freebase
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.
U.S. National Library of Medicine
Insurance
Coverage by contract whereby one part indemnifies or guarantees another against loss by a specified contingency.
Dictionary of Nautical Terms
insurance
See MARINE INSURANCE.
British National Corpus
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
Numerology
Chaldean Numerology
The numerical value of insurance in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of insurance in Pythagorean Numerology is: 5
Examples of insurance in a Sentence
Some clients think about it as a form of collision insurance, you don't know when you are going to have an accident, but you want it before you do.
I want people to understand that there is a trade-off involved, you can have widespread care that provides benefits that are well beyond the current insurance system, but that doesn’t have co-payments or deductibles. Or you can have low cost. But you can’t have both.
To be clear, the Senior Insurance Managers Regime should not be operated in such a way so as to put good people off. The desired outcome is that of effective governance, not enforcement.
I think this is a much more complicated issue than pointing to any one piece of legislation and saying well if we just pass that everything would be fine, if you go back and look at what happened in the great recession, it was mortgage companies, it was insurance companies, it was non-commercial banking entities, who were as big if not bigger contributors to the collapse. So I am not interested in just saying there is one answer to the too-big-to-fail problem.
The connection between playing football and brain issues has been something that has been discussed for years and the NFL has been taking action to reduce the severity and provide funding to those who have been injured, the clearest example is the class action suit. ... Whenever you agree to pay out billions of dollars and you don't have an insurance company that has insured you the money, that's a statement to seriousness about the issue.
Popularity rank by frequency of use
Translations for insurance
From our Multilingual Translation Dictionary
- تأمينArabic
- assegurançaCatalan, Valencian
- pojištění, pojišťovnaCzech
- forsikringDanish
- VersicherungGerman
- asekuroEsperanto
- seguroSpanish
- بیمهPersian
- vakuutusala, vakuutusFinnish
- assuranceFrench
- árachas, táille árachaisIrish
- बीमाHindi
- biztosításHungarian
- ապահովագրություն, ապահովագրումArmenian
- asekuroIdo
- tryggingIcelandic
- assicurazioneItalian
- 保険, 保険業Japanese
- დაზღვევაGeorgian
- ការធានា, ការរ៉ាប់រងKhmer
- 보험, 보험업계Korean
- drauda, draudimasLithuanian
- apdrošināšanaLatvian
- осигурувањеMacedonian
- insuransMalay
- forsikringNorwegian
- ubezpieczeniePolish
- seguroPortuguese
- asigurareRomanian
- страховка, страхованиеRussian
- osiguranjeSerbo-Croatian
- försäkringSwedish
- bimaSwahili
- காப்புறுதிTamil
- భీమాTelugu
- sigortacılık, sigortaTurkish
- انشورنسUrdu
- sur, lefilisurVolapük
- 保險Chinese
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"insurance." Definitions.net. STANDS4 LLC, 2021. Web. 27 Feb. 2021. <https://www.definitions.net/definition/insurance>.