Insurance Definition

ĭn-sho͝orəns
noun
An insuring or being insured against loss.
Webster's New World
A means of being insured.
American Heritage
A system of protection against loss in which a number of individuals agree to pay certain sums (premiums) periodically for a guarantee that they will be compensated under stipulated conditions for any specified loss by fire, accident, death, etc.
Webster's New World
A contract guaranteeing such protection.
Webster's New World
The business of insuring against loss.
Webster's New World
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adjective
Being a point or score that increases one competitor's lead enough to prevent the opponent from achieving a tie with one more score.
An insurance run.
American Heritage
other
Insurance which protects against loss, as opposed to insurance against one’s liability to others.
Webster's New World Law

Other Word Forms of Insurance

Noun

Singular:
insurance
Plural:
insurances

Origin of Insurance

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insurance