Meaning of INSURANCE in English

Use in sentences of INSURANCE

Meaning of INSURANCE in English

• 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.
• The premium paid for insuring property or life.
• The sum for which life or property is insured.
• A guaranty, security, or pledge; assurance.

Synonyms of ‘INSURANCE’

Antonyms of ‘INSURANCE’

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