What does "insurance" mean?
A means of indemnity against a future occurrence of an uncertain event.
noun ·Moderate ·High school level
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"The car was totalled, but fortunately I had insurance."
"After five years in banking, I switched to insurance."
"The sky was clear, but I took my umbrella for insurance."
"I only take insurance if the count is right."
""The children need to get back to some level of normalcy and their families can certainly use some respite to deal with things such as insurances, licences and other things they have lost," he said."
"Our insurance policy covers various kinds of damages."
A means of indemnity against a future occurrence of an uncertain event.
Common synonyms include: policy, accident insurance, actuary, annuity, assurance, aviation insurance.
Our insurance policy covers various kinds of damages.
Pronounced /ɪnˈʃɔː.ɹəns/.
From the older form ensurance, see also assurance. By surface analysis, insure + -ance.