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Insurance - 6 dictionary results
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in⋅sur⋅ance
[in-shoo
r-uhns, -shur-] 
–noun
| 1. | the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved. |
| 2. | coverage by contract in which one party agrees to indemnify or reimburse another for loss that occurs under the terms of the contract. |
| 3. | the contract itself, set forth in a written or printed agreement or policy. |
| 4. | the amount for which anything is insured. |
| 5. | an insurance premium. |
| 6. | any means of guaranteeing against loss or harm: Taking vitamin C is viewed as an insurance against catching colds. |
–adjective
| 7. | of or pertaining to a score that increases a team's lead and insures that the lead will be held if the opposing team should score once more: The home run gave the team an insurance run, making the score 7-5. |
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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|
Link To Insurance
| in·sur·ance (ĭn-shŏŏr'əns) n.
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. |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Insurance
In*sur"ance\, n. [From Insure.]1. 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. Note: The person who undertakes to pay in case of loss is termed the insurer; the danger against which he undertakes, the risk; the person protected, the insured; the sum which he pays for the protection, the premium; and the contract itself, when reduced to form, the policy. --Johnson's Cyc. 2. The premium paid for insuring property or life. 3. The sum for which life or property is insured. 4. A guaranty, security, or pledge; assurance. [Obs.] The most acceptable insurance of the divine protection. --Mickle. Accident insurance, insurance against pecuniary loss by reason of accident to the person. Endowment insurance or assurance, a combination of life insurance and investment such that if the person upon whose life a risk is taken dies before a certain specified time the insurance becomes due at once, and if he survives, it becomes due at the time specified. Fire insurance. See under Fire. Insurance broker, a broker or agent who effects insurance. Insurance company, a company or corporation whose business it is to insure against loss, damage, or death. Insurance policy, a certificate of insurance; the document containing the contract made by an insurance company with a person whose property or life is insured. Life insurance. See under Life.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Language Translation for : Insurance
Spanish:
seguro,
German:
die Versicherung; Versicherungs-…,
Japanese:
保険
insurance
1553, "engagement to marry," a variant of ensurance (see ensure). Commercial sense of "security against loss or death in exchange for payment" is from 1651. Assurance was the older term for this (late 16c.).
Online Etymology Dictionary, © 2001 Douglas Harper
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Insurance
A contract (policy) in which an individual or entity receives financial protection, or reimbursement, against losses from an insurance company, which pools client's risks to make payments more affordable, in exchange for a premium.
Investopedia Commentary
When shopping around for an insurance policy, look for the best priced package that is right for you - prices can vary from one insurance company to the next. And make sure you know what you want. Some individuals, for example, prefer 24-hour claims service, or face-to-face contact with an insurance representative. Also consider the claims settlement process, the amount of the deductible and the extent of the replacement coverage. Insurance companies and the policies they offer are not all the same, so think about more than just the price.
Related Links
Long-Term Care Insurance: Who Needs It?
Taking The Surprise Out Of Long-Term Care
See also: Contract Holder, Deductible, Hedge, Life Insurance, Permanent Life Insurance, Premium, Term Life Insurance, Universal Life Insurance, Whole Life Insurance Policy
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Main Entry: in·sur·ance
Pronunciation: in-'shur-&ns, 'in-"shur-
Function: noun
1 : the action, process, or means of insuring or the state of being insured usually against loss or damage by a contingent event (as death, fire, accident, or sickness)
2 a : the business of insuring persons or property b : coverage by contract whereby for an agreed payment one party agrees to indemnify or guarantee another against loss by a specified contingency or peril c : the principles and practice of the business of insuring
3 : the sum for which something is insured
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Official Site: Just Auto
Get Quality Coverage at Great Rates Find Out How You Can Save Today.
www.JustAutoIns.com
Get Quality Coverage at Great Rates Find Out How You Can Save Today.
www.JustAutoIns.com
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