Noun: insurance in'shûr-un(t)s [N. Amer], in'shûr-un(t)s or in'shor-un(t)s [Brit]
- 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
"They bought flood insurance after the last disaster"
- Protection against future loss
"They purchased travel insurance for their overseas trip";
- indemnity
- Written contract or certificate of insurance
"you should have read the small print on your insurance policy";
- policy, insurance policy
Derived forms: insurances
Type of: contract, protection, security, shelter
Encyclopedia: Insurance