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Insurance
01
the arrangement with an institute or agency according to which they guarantee to make up for the damages in the event of an accident or loss
02
written contract or certificate of insurance
03
protection against future loss
insurance
n
insure
v
coinsurance
n
coinsurance
n
reinsurance
n
reinsurance
n
Example
Insurance can provide financial support in the event of an unexpected loss.
Insurance vindicated the family's home from financial loss.
She bought insurance as a preemptive measure against future accidents.
The insurance adjuster appraises the damage to the car after the accident.
Insurance rates can increase significantly after a rollover incident.
