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  1. in·sur·ance
    IPA[inˈSHo͝orəns]
  2. n. noun

    • 1. a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium:

      many new borrowers take out insurance against unemployment or sickness
      Synonym : indemnity, indemnification, assurance, (financial) protection, security, coverage
    • 2. the business of providing insurance:

      Howard is in insurance
    • 3. money paid for insurance:

      my insurance has gone up
    • 4. money paid out as compensation under an insurance policy:

      when will I be able to collect the insurance?
    • 5. a thing providing protection against a possible eventuality:

      adherence to high personal standards of conduct is excellent insurance against personal problems young people are not an insurance against loneliness in old age
  3. Variation

    • n.: noun: insurance, plural noun: insurances

    • noun

      an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium:

      the business of providing insurance:

    • n. noun

      insurance of oneself or one's interests by maintaining a fund to cover possible losses rather than by purchasing an insurance policy.
    • n. noun

      a system of compulsory contribution to provide government assistance in sickness, unemployment, etc.
    • n. noun

      insurance in which some or all of the profits are divided among the policyholders.
    • n. noun

      insurance that pays out a sum of money either on the death of the insured person or after a set period.
    • n. noun

      a type of insurance in which the insured pays a share of the payment made against a claim.
    • n. noun

      an insurer; an insurance company.
    • n. noun

      a document detailing the terms and conditions of a contract of insurance.
    • n. noun

      a person employed to sell insurance policies.
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