Meaning of INSURANCE
| Pronunciation: | | in'shûruns
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 WordNet Dictionary |
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| | Definition: | |
- [n] written contract or certificate of insurance; "you should have read the small print on your policy"
- [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] protection against future loss
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| | Synonyms: | | coverage, indemnity, insurance policy, policy |
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| | See Also: | | assurance, automobile insurance, car insurance, coinsurance, contract, fire insurance, floater, floating policy, health insurance, life assurance, life insurance, protection, protection, reinsurance, security, self-insurance, shelter | |
| Products Dictionary |
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| | Definition: | |  Insurance
An in-depth look at the increasingly significant convergence between the insurance industry and the capital markets. This important publication, by two premier financial experts, explores the unique convergence of finance and insurance. The book covers the basics of property-casualty insurance, securitizing insurance risks, looks at life insurance in the United States and ALM in insurance. It addresses the questions and concerns of investment banks, brokerage firms and the insurance/reinsurance sector itself, examines ongoing trends and issues, and how current market pressures on insurance companies do not just create challenges but actually point the way to future promising developments. more details ... |
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| Webster's 1913 Dictionary |
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| | Definition: | | \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}.
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| Dream Dictionary |
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| | Definition: | | Dreaming that you are buying insurance, refers to a lack of trust. You are afraid of losing something that means a lot to you. Alternatively, it represents your need for security. |
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| Thesaurus Terms |
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| | Related Terms: | | accident insurance, actuary, annuity, assurance, aviation insurance, bail bond, bond, business life insurance, casualty insurance, certificate of insurance, court bond, cover, credit insurance, credit life insurance, deductible, endowment insurance, family maintenance policy, fidelity bond, fidelity insurance, flood insurance, forearming, forehandedness, foresight, foresightedness, forethought, forethoughtfulness, fraternal insurance, government insurance, guarantee, guaranty, health insurance, indemnification, indemnity, industrial life insurance, insurance agent, insurance broker, insurance company, insurance man, insurance policy, interinsurance, liability insurance, license bond, limited payment insurance, major medical insurance, malpractice insurance, marine insurance, measures, mutual company, ocean marine insurance, permit bond, policy, precaution, precautions, precautiousness, preventive measure, protection, providence, provision, robbery insurance, safeguard, security, social security, steps, steps and measures, stock company, stocks and bonds, surety, term insurance, theft insurance, tie, underwriter, warrant, warranty |
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