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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

        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

        insurance of oneself or one's interests by maintaining a fund to cover possible losses rather than by purchasing an insurance policy.
      • 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 strategy designed to protect a portfolio of investments against potential losses:
      • n. noun

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

        a person employed to sell insurance policies.
      • n. noun

        a document detailing the terms and conditions of a contract of insurance.
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