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insurance definition

an insurance company. The company pools clients' risks to make payments more affordable for the insured. a policy that pays out when you crash your car in a car accident, this is an example of an auto insurance policy.When you save money in case you lose your job and are out of work, this is an example of insurance in case you lose your job.

 Proposed definitions will be considered for inclusion in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.

 Gain access to thousands of additional definitions and advanced search features—ad free! JOIN NOW His father, a writer, and his mother, who worked in insurance, were flawless. Very Common. insurance is one of the 4000 most commonly used words in the Collins dictionary When you pay premiums in exchange for a policy that pays out when you crash your car in a car accident, this is an example of an auto insurance policy.

When you save money in case you lose your job and are out of work, this is an example of insurance in case you lose your job. Proposed definitions will be considered for inclusion in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the context of life insurance: see assurance Insurance is a contract, represented by a policy, in which an individual or entity who buys insurance is known as an insured or policyholder.

 The insurance transaction involves the insured in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured assuming a guaranteed and known relatively small loss in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.

 Gain access to thousands of additional definitions and advanced search features—ad free! JOIN NOW His father, a writer, and his mother, who worked in insurance, were flawless. Very Common. insurance is one of the 4000 most commonly used words in the Collins dictionary When you pay premiums in exchange for a policy that pays out when you crash your car in a car accident, this is an example of an auto insurance policy.

When you save money in case you lose your job and are out of work, this is an example of insurance in case you lose your job. Proposed definitions will be considered for inclusion in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the Economictimes.

com There is a technical distinction between insurance and assurance in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured assuming a guaranteed and known relatively small loss in the context of life insurance: see assurance Insurance is a contract, represented by a policy, in which an individual or entity who buys insurance is known as an insured or policyholder.

 The insurance transaction involves the insured in the context of life insurance: see assurance Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

 assuming a guaranteed and known relatively small loss in the context of life insurance: see assurance Insurance is a contract, represented by a policy, in which an individual or entity who buys insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity receives financial protection or reimbursement against losses from an insurance company.

 The company pools clients' risks to make payments more affordable for the insured. which the insured has an insurable interest established by ownership, possession, or preexisting relationship. Gain access to thousands of additional definitions and advanced search features—ad free! JOIN NOW His father, a writer, and his mother, who worked in insurance, were flawless.

 Very Common. insurance is one of the 4000 most commonly used words in the Collins dictionary When you pay premiums in exchange for a policy that pays out when you crash your car in a car accident, this is an example of an auto insurance policy.When you save money in case you lose your job and are out of work, this is an example of insurance in case you lose your job.

 Proposed definitions will be considered for inclusion in the

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