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

  1. insurancenoun

    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

  2. policy, insurance policy, insurancenoun

    written contract or certificate of insurance

    "you should have read the small print on your policy"

  3. indemnity, insurancenoun

    protection against future loss

GCIDE

  1. Insurancenoun

    Hence: Any means of assuring against loss; a precaution; as, we always use our seat belts as insurance against injury.

    Etymology: [From Insure.]

Wiktionary

  1. insurancenoun

    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.

  2. insurancenoun

    The business of providing insurance.

    After five years in banking, I switched to insurance.

    Etymology: From old form ensurance, see also assurance.

  3. insurancenoun

    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.

  4. insurancenoun

    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.

  5. insurancenoun

    An insurance policy

    Etymology: From old form ensurance, see also assurance.

Webster Dictionary

  1. Insurancenoun

    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.]

  2. Insurancenoun

    the premium paid for insuring property or life

    Etymology: [From Insure.]

  3. Insurancenoun

    the sum for which life or property is insured

    Etymology: [From Insure.]

  4. Insurancenoun

    a guaranty, security, or pledge; assurance

    Etymology: [From Insure.]

Freebase

  1. 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

  1. Insurance

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

Dictionary of Nautical Terms

  1. insurance

    See MARINE INSURANCE.

Matched Categories

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'insurance' in Spoken Corpus Frequency: #1557

  2. Written Corpus Frequency

    Rank popularity for the word 'insurance' in Written Corpus Frequency: #1132

  3. Nouns Frequency

    Rank popularity for the word 'insurance' in Nouns Frequency: #660

How to pronounce insurance?

  1. Alex
    US English
    Daniel
    British
    Karen
    Australian
    Veena
    Indian

How to say insurance in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of insurance in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of insurance in Pythagorean Numerology is: 5

Examples of insurance in a Sentence

  1. Woody Allen:

    There are worse things in life than death. Have you ever spent an evening with an insurance salesman?

  2. Lars Rebien Sorensen:

    List price increases will be very limited and they will be largely offset by rebates to the PBMs and insurance companies.

  3. Xavaier Wescott:

    For those who need it, it should be instilled, nowadays it's hard to get insurance for those who can't afford, and it's hard to maintain a healthy lifestyle if you don't.

  4. Chris Sneary:

    Dr. Fata took full advantage of my trust in him, my fear of dying and, most of all, my top of the line health insurance.

  5. Michael Karpman:

    There's a risk that as the job losses continue Larry Levitt will see that gap widen in health insurance coverage between the [ Medicaid ] expansion and non-expansion states.

Images & Illustrations of insurance

  1. insuranceinsuranceinsuranceinsuranceinsurance

Popularity rank by frequency of use

insurance#1#383#10000

Translations for insurance

From our Multilingual Translation Dictionary

Get even more translations for insurance »

Translation

Find a translation for the insurance definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Discuss these insurance definitions with the community:

0 Comments

    Citation

    Use the citation below to add this definition to your bibliography:

    Style:MLAChicagoAPA

    "insurance." Definitions.net. STANDS4 LLC, 2021. Web. 1 Aug. 2021. <https://www.definitions.net/definition/insurance>.

    Are we missing a good definition for insurance? Don't keep it to yourself...

    Browse Definitions.net

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    flee; take to one's heels; cut and run
    • A. abide
    • B. scarper
    • C. embellish
    • D. abduct

    Nearby & related entries:

    Alternative searches for insurance: