Insurance is an arrangement in which you pay money to a company, and they pay money to you if something unpleasant happens to you, for example if your property is stolen or damaged, or if you get a serious illness.
The insurance company paid out for the stolen jewellery and silver.
We recommend that you take out travel insurance on all holidays. [+ on]
2. variable noun
If you do something as insuranceagainst something unpleasant happening, you do it to protect yourself in case the unpleasant thing happens.
The country needs a defence capability as insurance against the unexpected. [+ against]
More Synonyms of insurance
insurance in British English
(ɪnˈʃʊərəns, -ˈʃɔː-)
noun
1.
a.
the act, system, or business of providing financial protection for property, life, health, etc, against specified contingencies, such as death, loss, or damage, and involving payment of regular premiums in return for a policy guaranteeing such protection
b.
the state of having such protection
c. Also called: insurance policy
the policy providing such protection
d.
the pecuniary amount of such protection
e.
the premium payable in return for such protection
f.
(as modifier)
insurance agent
insurance broker
insurance company
2.
a means of protecting or safeguarding against risk or injury
insurance in American English
(ɪnˈʃʊrəns)
noun
1.
an insuring or being insured against loss; a system of protection against loss in which a numberof individuals agree to pay certain sums (premiums) periodically for a guarantee that they will be compensated under stipulated conditions for any specified loss by fire, accident, death, etc.
2.
a.
a contract guaranteeing such protection
usually called insurance policy see policy2 (sense 1)
b.
the premium specified for such a contract
3.
the amount for which life, property, etc. is insured
4.
the business of insuring against loss
Word origin
earlier ensurance < OFr enseurance: see ensure
insurance in Insurance1
(ɪnʃʊərəns)
noun
(Insurance: General)
Insurance is an arrangement in which you pay money to a company, and they provide financialprotection for your property, life, or health, paying you in case of death, loss,or damage.
For insurance purposes the word "disability" will have a special and particular meaning which willbe defined in the policy concerned.
Often the person arranging your insurance will charge fees as well as receiving a commission.
Insurance is an arrangement in which you pay money to a company, and they provide financialprotection for your property, life, or health, paying you in case of death, loss,or damage.
insurance in Insurance2
(ɪnʃʊərəns)
noun
(Insurance: General)
Insurance is a policy that provides financial protection for your property, life, or health,paying you in case of death, loss, or damage.
Before buying insurance, make sure that the coverage provided exactly suits your needs.
Uninsured motorists coverage pays for costs resulting from an accident involvinga hit-and-run driver or a driver who does not have insurance.
Insurance is a policy that provides financial protection for your property, life, or health,paying you in case of death, loss, or damage.
insurance in Insurance3
(ɪnʃʊərəns)
noun
(Insurance: General)
Insurance is the financial amount of protection that you receive for your property, life, or health in case of death, loss, or damage.
You should check the dollar limits of insurance in your policy, and make sure you are comfortable with the amount of coverage youhave for specific items.
Full coverage covers all losses, with no deductions, up to the amount of the insurance.
Insurance is the financial amount of protection that you receive for your property, life, orhealth in case of death, loss, or damage.
insurance in Accounting
(ɪnʃʊərəns)
noun
(Accounting: Basic)
Insurance is an arrangement in which you regularly pay money to a company, and they pay youif something bad happens to you or your property.
The house had to be demolished, and the insurance company promptly paid us the policy limit.
The provision allows an investor to buy insurance against a company defaulting on its debt payments.
Insurance is an arrangement in which you regularly pay money to a company, and they pay youif something bad happens to you or your property.
Examples of 'insurance' in a sentence
insurance
Should you get insurance for the boiler?
The Sun (2017)
You do not have to pay national insurance on any of it.
Times, Sunday Times (2016)
The insurance company is more comfortable if the family moves in.
Times, Sunday Times (2016)
Lawyers and insurance brokers are the most likely to dress smartly.
The Sun (2016)
There is also the potential for further payment protection insurance claims.
Times, Sunday Times (2016)
Your insurance policy might only pay out if you do so.
The Sun (2016)
The change in law would mean compulsory third-party injury and damage insurance for all vehicles involved in sports.
Times, Sunday Times (2016)
Insurance business is quite mobile.
Times, Sunday Times (2016)
You don't think your house is going to burn down, but you pay for an insurance policy in case it does.
Times, Sunday Times (2016)
In the 1970s we could name six universities, the bottom few as comforting insurance in case you got lower grades than you hoped.
Times, Sunday Times (2016)
This was a case of insurance fraud on a significant scale.
Times, Sunday Times (2015)
You also need to check that your home insurance will protect your collection against fire and theft.
Times, Sunday Times (2006)
Look at taking out life insurance or critical illness cover.
Times, Sunday Times (2011)
The business of an insurance company can be defined as selling insurance.
Peter F. Drucker MANAGEMENT: task, responsibilities, practices (1974)
So the tough advice is to move if you cannot get insurance or the premiums are prohibitive.
Times, Sunday Times (2008)
Claims take longer to process and council taxes rise to pay for higher insurance.
Times, Sunday Times (2006)
You should check whether a claim can be made for the damage under any insurance policy.
Times, Sunday Times (2016)
His father was an insurance broker and his mother a housewife.
Times, Sunday Times (2013)
The payment protection insurance scandal is certainly not the only example by our high street banks.
Times, Sunday Times (2012)
Then you get to the ones that are an insurance policy.
Times, Sunday Times (2013)
The insurance premium in case we get injured alone would be huge.
The Sun (2006)
Firms usually buy insurance to protect themselves from potential product liability costs.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
He may also wish to think about income protection and critical illness insurance.
Times, Sunday Times (2016)
No wonder those people who began the pet insurance business became millionaires.
Times, Sunday Times (2007)
Make sure you get contents insurance and consider accidental damage.
Times, Sunday Times (2015)
They then a make an insurance claim for damage and whiplash injuries.
The Sun (2014)
Her husband was an insurance agent and they enjoyed a good social life.
Hambly, Dr Kenneth Banish Anxiety - how to stop worrying and take charge of your life (1991)
The most egregious example is in payment protection insurance.
Times, Sunday Times (2009)
But they will be met by an insurance policy taken out by the cop before he died.
The Sun (2016)
It is very important that it not wait until a lawsuit is filed to notify its insurance company.
Christianity Today (2000)
You do not have to pay tax on it and your employer won't pay national insurance.
Times, Sunday Times (2007)
Though they initially paid the farmer's claim, the insurance company became suspicious when an investigation found that he had been unusually calm when the emergency services arrived.
Times, Sunday Times (2016)
In other languages
insurance
British English: insurance /ɪnˈʃʊərəns; -ˈʃɔː-/ NOUN
Insurance is an arrangement in which you pay money regularly to a company, and they pay money to you if something unpleasant happens to you, for example if your property is stolen.
...health insurance.
American English: insurance
Arabic: تَأْمِيـنُ
Brazilian Portuguese: seguro
Chinese: 保险
Croatian: osiguranje
Czech: pojištění
Danish: forsikring
Dutch: verzekering
European Spanish: seguro aseguradora
Finnish: vakuutus
French: assurance
German: Versicherung
Greek: ασφάλιση
Italian: assicurazione
Japanese: 保険
Korean: 보험
Norwegian: forsikring
Polish: ubezpieczenie
European Portuguese: seguro
Romanian: asigurare
Russian: страховое соглашение
Latin American Spanish: seguro contrato de aseguración
Swedish: försäkring
Thai: การประกัน
Turkish: sigorta poliçe
Ukrainian: страхування
Vietnamese: bảo hiểm
All related terms of 'insurance'
car insurance
financial protection against loss as a result of an automobile accident or theft
GAP insurance
GAP insurance pays the difference between what someone owes on their car loan and the actual cash value of the vehicle in the event that it is stolen or damaged.
pet insurance
health insurance for a pet
fire insurance
insurance covering damage or loss caused by fire or lightning
fleet insurance
Fleet insurance is a type of insurance contract that applies to a number of vehicles.
flood insurance
insurance covering loss or damage to property arising from a flood , flood tide , or the like
group insurance
insurance relating to life, health , or accident and covering several persons, esp the employees of a firm , under a single contract at reduced premiums
home insurance
Home insurance is insurance coverage for your home, its contents , and your possessions .
insurance agent
a person who sells insurance
insurance claim
a claim made on an insurance policy
insurance class
An insurance class is a type of insurance coverage such as liability , health, legal expenses , or construction risk .
insurance fraud
Fraud is the crime of gaining money or financial benefits by a trick or by lying.
insurance stamp
an insurance contribution
life insurance
Life insurance is a form of insurance in which a person makes regular payments to an insurance company , in return for a sum of money to be paid to them after a period of time, or to their family if they die .
motor insurance
insurance for a motor vehicle such as a car , which provides protection against loss in the event of an accident , theft , etc
self-insurance
the practice of insuring oneself or one's property by accumulating a reserve out of one's income or funds rather than by purchase of an insurance policy
storm insurance
insurance cover against damage caused by windstorms
term insurance
life assurance , usually low in cost and offering no cash value, that provides for the payment of a specified sum of money only if the insured dies within a stipulated period of time
theft insurance
insurance against loss or damage of property resulting from theft
title insurance
insurance protecting the owner or mortgagee of real estate from lawsuits or claims arising from a defective title
accident insurance
insurance providing compensation for accidental injury or death
aviation insurance
Aviation insurance is insurance cover for aircraft, and for damage , injury , or loss of life or cargo while traveling on aircraft.
casualty insurance
insurance providing coverage against accident and property damages , as automobile , theft , liability , and explosion insurance, but not including life insurance, fire insurance, or marine insurance
contents insurance
the insurance for the personal property in a household
D&O insurance
D &O insurance is a personal liability insurance that provides cover to the directors and senior executives of a company.
dental insurance
Dental insurance is insurance that pays for treatment by a dentist .
dynamic insurance
Dynamic insurance is a type of insurance coverage where the policyholder can choose to increase benefits and premiums by a fixed percentage each year to offset the effects of inflation .
excess insurance
insurance covering a policyholder only for that portion of losses that exceeds a stated amount
freight insurance
insurance paid on goods in transport
general insurance
insurance (such as house insurance and car insurance) that does not insure someone's life
health insurance
insurance which covers medical expenses
insurance adjuster
An insurance adjuster is the same as a → claims adjuster .
insurance broker
a person or company that is not employed by an insurance company, that finds the best policy for someone who wants insurance
insurance company
a company that sells insurance
insurance payout
A payout is a sum of money, especially a large one, that is paid to someone, for example by an insurance company or as a prize.
insurance policy
a document that gives details of the agreement between an insurer and the person who is insured
insurance premium
the money paid for an insurance policy
insurance salesman
An insurance salesman is an employee of an insurance company whose job is to advise on and sell insurance.
insurance scheme
a scheme that provides insurance
insurance sector
A particular sector of a country's economy is the part connected with that specified type of industry.
luggage insurance
insurance against the loss of luggage while travelling
marine insurance
insurance covering damage to or loss of ship, passengers , or cargo caused by the sea
medical insurance
a type of insurance intended to cover possible future medical expenses
mortgage insurance
Mortgage insurance is insurance that covers a person with a mortgage, and is intended to pay off the balance due on a mortgage if the insured dies or becomes disabled .
mutual insurance
a system of insurance by which all policyholders become company members under contract to pay premiums into a common fund out of which claims are paid
national insurance
In Britain, national insurance is the state system of paying money to people who are ill , unemployed, or retired. It is financed by money that the government collects from people who work, or from their employers.
personal insurance
insurance on personal risk , such as car insurance, health insurance or loss of earnings insurance
pluvius insurance
insurance against rain
property insurance
insurance coverage for land and housing
renter's insurance
Renter's insurance is insurance for renters to insure their property against loss .