Definitions of "insurance"
  1. A process or strategy enacted to provide coverage against damage or loss due to unexpected events such as death, fire, accidents, or illness
  2. The profession or industry that involves providing individuals or properties with protective coverage
  3. A contract where one party agrees to compensate or ensure another party against loss from a defined risk or danger, in return for an agreed payment
  4. The theoretical and practical application of techniques and methods in the insurance industry
  5. The amount of money agreed upon in an insurance policy that represents the coverage value
How to use "insurance" in a sentence
  1. After the flood, their insurance covered the majority of the damage to their home.
  2. She works in insurance, helping people to find the right coverage for their needs.
  3. They paid their insurance premium monthly, knowing they had a solid plan if anything unforeseen happened.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z