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Insurance 1

Definition: 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.,

Insurance 2

Definition: The premium paid for insuring property or life.

Insurance 3

Definition: The sum for which life or property is insured.

Insurance 4

Definition: A guaranty, security, or pledge; assurance.

insurance 5

Definition: written contract or certificate of insurance; "you should have read the small print on your policy"

insurance 6

Definition: 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

insurance 7

Definition: protection against future loss

 

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