insurance definition

  • noun:
    • The act, company, or system of insuring.
    • their state to be guaranteed.
    • an easy method to be guaranteed.
    • Coverage by a contract binding an event to indemnify another against specified reduction in return for premiums compensated.
    • The amount or price for which such a contract insures something.
    • The regular advanced covered this coverage.
    • A protective measure: biking helmets that offer insurance against a head damage.
    • a way of indemnity against a future incident of an uncertain occasion.
    • the company of supplying insurance.
    • Metaphoric: Any make an effort to anticipate an unfavorable occasion.
    • Blackjack: A bet made following the price, which takes care of if dealer has blackjack.
    • An insurance policy
    • The act of insuring, or ensuring, against loss or damage by a contingent occasion; a contract wherein, for a stipulated consideration, called advanced, one party undertakes to indemnify or guarantee another against loss by particular specified dangers. Cf. Guarantee, n., 6.
    • The premium purchased insuring residential property or life.
    • The amount that life or home is guaranteed.
    • A guaranty, safety, or pledge; assurance.
    • Any way of assuring against loss; a precaution.
    • The work of insuring or ensuring against reduction; something of business by which a company or company (known as an insurance business, or, seldom, guarantee business or culture) guarantees the insured to a specified degree and under stipulated problems against pecuniary loss due to these types of contingencies as losing or damage to property by fire or even the efforts to extinguish fire (fire-insurance), or by shipwreck or catastrophe at water (marine insurance), or by explosion, breakage, or any other accidents to residential property, or even the loss in future earnings, either through disablement (accident-insurance) or through death (life-insurance), etc. Also called assurance.
    • Specifically in-law, a contract by which one-party, for an agreed consideration (that will be proportioned towards the risk involved), undertakes to compensate another for loss on a specified thing, from specified causes.
    • The advanced paid for insuring home, life, etc.
    • Engagement; betrothal.
    • written agreement or certificate of insurance coverage
    • protection against future loss
    • guarantee of reimbursement when it comes to reduction; paid to people or organizations therefore concerned about hazards they have made prepayments to an insurance organization
  • adjective:
    • Sports 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.

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