Thesaurus: insurance
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 c…
Related headwords
lossdefinitionagainstdefinitionpaiddefinitioninsuringdefinitionassurancedefinitioncasedefinitioncompaniesdefinitioncompanydefinitionconcerneddefinitioncontractdefinitionhazardsdefinitionlifedefinitionpeopledefinitionpremiumdefinitionprepaymentsdefinitionpromisedefinitionpropertydefinitionreimbursementdefinitiontheydefinitioninsureddefinitionassuringdefinitioncalleddefinitioncertaindefinitioncertificatedefinitionconsiderationdefinitioncontingentdefinitiondamagedefinitioneventdefinition
Definitions
- n. 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.
- n. The premium paid for insuring property or life.
- n. The sum for which life or property is insured.
- n. A guaranty, security, or pledge; assurance.
- n. 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
- n. written contract or certificate of insurance
- n. protection against future loss
- n:100 n. 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