Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain los...
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In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay fo...
Vehicle insurance (also known as car insurance , motor insurance , or auto insurance ) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and agai...
The meaning of INSURANCE is coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril. How to use insurance in a sentence.
Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies and/or perils.
Synonyms for INSURANCE: preventive, preventative, defense, protection, precaution, safeguard, shield, palladium; Antonyms of INSURANCE: risk, hazard, threat, instability, liability, precariousness,...
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Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.
Find 16 different ways to say INSURANCE, along with antonyms, related words, and example sentences at Thesaurus.com.