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insurance

US/ɪnˈʃʊɹ.əns/
nounB22 meaningsVery common — you will meet it every day · #914 of 15,258neutral

Other forms: insurances

Insurance is the arrangement where you pay a company regularly and they pay out if disaster strikes. Spreading one person's catastrophe across thousands of people's payments.

The vocabulary is fixed and worth knowing: the premium is what you pay, the policy is the contract, the excess is the first part of any claim you cover yourself, and a claim is what you make when something goes wrong. Types are named for what they cover — car, home, travel, life. Figuratively, insurance means any precaution taken against a possible loss.

Definitions of insurance

  1. 1nouninsuranceAn arrangement in which a company pays for specified losses in return for regular payments.B2~98%

    “The insurance did not cover flood damage.”

  2. 2nounanythingAnything done as a precaution against loss.B2~2%

    “He kept a spare key as insurance.”

Shares are an estimate: a language model read 13 sentences found in the wild and placed 13 of them on a sense — a count of our sample, not a measurement of English.

Where it comes from

  1. Anglo-Norman

    enseurer

  2. Middle English

    ensuren

  3. English

    insure

  4. English, today

    insurance

Built from

  • asseürer · Old French — to assure

From the older form ensurance, see also assurance. by surface analysis, en + insure + -ance. insure c, as a variant of Middle English ensuren (from Anglo-Norman enseurer, itself from Old French - en- + seür, probably influenced by asseürer (“to assure”)); took on its particular sense of "make safe against loss by payment of premiums" in 1635, replacing assure. a doublet of ensure.

Etymology from Wiktionary, CC BY-SA

Practised in A Man Called Ove

First appears in chapter 10 of A Man Called Ove.

Practise this word

insurance in the wild

  • The insurance limit was initially US$2,500 per ownership category, and this has been increased several times over the years.

    Federal Deposit Insurance Corporation

  • The FDIC is not supported by public funds; member banks' insurance dues are its primary source of funding.

    Federal Deposit Insurance Corporation

  • A common form of a protection-policy design is term insurance.

    Life insurance

  • As with other types of insurance, risk is shared among many individuals.

    Health insurance

  • According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury.

    Health insurance

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.

Related words

the enseurer family

insurance

insurance — used about once every 88 pages · #914 · point at the bar for the others

  • pet insurance
  • insurance card
  • insurance agent
  • insurance valuation
  • liability insurance