Definitions of insurance

  1. promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
  2. written contract or certificate of insurance; " you should have read the small print on your policy"
  3. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6.
  4. The premium paid for insuring property or life.
  5. The sum for which life or property is insured.
  6. A guaranty, security, or pledge; assurance.
  7. The act or system of securing against loss or damage; a contract whereby in consideration of a certain payment called premium, one party agrees to guarantee or indemnify another against certain risks such as fire, death, accident, etc., by the payment of money; the sum paid in settlement of such a contract.
  8. The act of insuring, or a contract by which one party undertakes for a payment or premium to guarantee another against risk or loss: the premium so paid.
  9. Contract by which one party secures another against loss.
  10. An act or system of guaranteeing a stipulated payment in case of loss, accident, or death; any guaranty.
  11. The act of insuring against loss or damage; a contract by which one engages, for a stipulated premium, to make up a loss which another may sustain; the premium paid. Insurance company, a company whose business is to insure against loss or damage. Insurance broker, an intermediate agent between the marine insurance officers and the insurers, who effect policies upon ships, cargo, & c.
  12. A contract entered into to secure against loss arising from fire, & c., in consideration of a certain annual payment; the premium or money paid for insuring.

Usage examples for insurance

  1. He is a life- insurance agent. – Walter Sherwood's Probation by Horatio Alger
  2. You see, I did get their money, though not all that the notes called for- and they'll have some trouble about the insurance. – Johnstone of the Border by Harold Bindloss
  3. It was addressed to him at the office of the Shadrach Fire Insurance Company, and it reached him there. – Miss Mackenzie by Anthony Trollope
  4. Once she asked for news about the life insurance policy. – The Best Policy by Elliott Flower
  5. As soon as I read it I said to myself: " Now it is certain I can never get rich working at the insurance business." – Twenty Years of Hus'ling by J. P. Johnston
  6. He gave Mr. Sheldon a letter of introduction to the secretary of his pet insurance company, the value of which to that gentleman was considerable. – Charlotte's Inheritance by M. E. Braddon
  7. So he borrowed the money on an insurance of Mr. Harry's life. – Philistia by Grant Allen
  8. A successful life insurance agent will make a good deal more than ten dollars a week. – Walter Sherwood's Probation by Horatio Alger
  9. Is insurance made on Houdon's life? – Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson by Thomas Jefferson
  10. The care which is taken of it, the amount of insurance which an insurance company will write on it, etc. – The Value of Money by Benjamin M. Anderson, Jr.
  11. I told you, Jane, those insurance doctors make the worst of things. – Mrs. Halliburton's Troubles by Mrs. Henry Wood
  12. Still Mr. Caverly was what the world of New York, in 1832, called poor; that is to say, he had no known bank- stock, did not own a lot on the island, was director of neither bank nor insurance company, and lived in a modest two- story house, in White street. – Autobiography of a Pocket-Hankerchief by James Fenimore Cooper
  13. Several matters of inheritance, insurance, and such things were discussed, and Mrs. Schuyler was more composed and calm. – Vicky Van by Carolyn Wells
  14. Mr. Wright always regretted this, for he felt that his work was not yet complete; and it is a fact that American life insurance, with its good and bad features, still remains almost exactly as he left it. – Cambridge Sketches by Frank Preston Stearns
  15. The merchant's appreciation was largely a worldly one, a business sense of insurance- safety for his jewels and nothing to pay for security- men so devout would have the gods in their mind and not robbery. – Caste by W. A. Fraser
  16. I only wish that the public at large were equally alive to the great value of insurance against accident. – The Iron Horse by R.M. Ballantyne