Insurance Definition In English Dictionary

Define car insurance. car insurance synonyms, car insurance pronunciation, car insurance translation, English dictionary definition of car insurance. Noun 1. car insurance – insurance against loss due to theft or traffic accidents automobile insurance insurance – promise of reimbursement in the case of… Definition of INSURE (verb): get insurance to protect something. Definition and synonyms of insure from the online English dictionary from Macmillan Education.. This is the British English definition of insure.View American English definition of insure.. Change your default dictionary to American English.

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insurance Vox populi A contractual relationship when one party–an insurance company or underwriter, in consideration of a fixed sum–a premium, agrees to pay on behalf another–an insured, or policyholder for covered losses, up to the limits purchased, caused by designated contingencies listed in the policy.

Insurance definition in english dictionary. insurance broker or insurance agent a person or firm which acts as an intermediary in bringing together clients seeking INSURANCE cover and INSURANCE COMPANIES offering suitable policies. In some cases the agent may simply introduce the two parties to each other and receive a commission from the insurance company; or the agent may be employed by a particular insurance company to sell insurance. insurance definition: 1. an agreement in which you pay a company money and they pay your costs if you have an accident…. Learn more. ‘Group health insurance in large companies protects the individual with costly conditions by including him with the less costly.’ ‘Identity theft is becoming so widespread in the UK that many companies now offer insurance to protect against falling victim to this increasingly common type of fraud.’

Definition and synonyms of insurance from the online English dictionary from Macmillan Education.. This is the British English definition of insurance.View American English definition of insurance.. Change your default dictionary to American English. Search insurance and thousands of other words in English definition and synonym dictionary from Reverso. You can complete the definition of insurance given by the English Definition dictionary with other English dictionaries: Wikipedia, Lexilogos, Oxford, Cambridge, Chambers Harrap, Wordreference, Collins Lexibase dictionaries, Merriam Webster… insurance document definition in the English Cobuild dictionary for learners, insurance document meaning explained, see also 'insurance adjuster',life insurance',national insurance',insure', English vocabulary

Insurance industry definition: Industry is the work and processes involved in collecting raw materials, and making them… | Meaning, pronunciation, translations and examples Definition of insurance: Risk-transfer mechanism that ensures full or partial financial compensation for the loss or damage caused by event(s) beyond the control of the insured party.. Under an insurance contract, a party (the. Dictionary Term of the Day Articles Subjects BusinessDictionary Business Dictionary Dictionary Toggle navigation. insurance – WordReference English dictionary, questions, discussion and forums. All Free.

insurance meaning: 1. an agreement in which you pay a company money and they pay your costs if you have an accident…. Learn more. A contract between a client and a provider whereby the client makes monthly payments, called premiums, in exchange for the promise that the provider will pay for certain expenses.For example, if one purchases health insurance, the provider will pay for (some of) the client's medical bills, if any.Likewise in life insurance, the provider will give the client's family a certain amount of money. Insurance definition, the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved. See more.

Insure definition, to guarantee against loss or harm. See more. Assurance definition is – the state of being assured: such as. How to use assurance in a sentence. Synonym Discussion of assurance. Define insurance. insurance synonyms, insurance pronunciation, insurance translation, English dictionary definition of insurance. n. 1. a. The act, business, or system of insuring. b. The state of being insured. c. A means of being insured. 2. a. An arrangement or agreement that…

Least Expensive Alternative Treatment (LEAT): A clause in an insurance policy that indicates that the insurer will only cover the least expensive option for treatment, repair, or remediation. The. Insurance definition: Insurance is an arrangement in which you pay money to a company , and they pay money to… | Meaning, pronunciation, translations and examples Insurance definition is – coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril. How to use insurance in a sentence.

Definition of insurance written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. Definition of life insurance written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. insurance a contract under which one party (the insurer), in consideration of receipt of a premium, undertakes to pay money to another person (the assured) on the happening of a specified event (as, for example, on death or accident or loss or damage to property). The instrument containing the terms of the contract is known as a policy. Contracts of insurance are uberrimae fidei, requiring.

Definition of insurance noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage.

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