insurance insurance  /ɪn ˈʃʊ rəns/

Definition(s):

  1. (n) 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
  2. (n) written contract or certificate of insurance
  3. (n) protection against future loss

Synonym(s)

Usage(s):

  1. Term What it is Why it matters; Actuarially Sound: An insurance plan that collects enough money in premiums to at least cover claims paid out.
  2. Term What it is Why it matters; Actuarially Sound: An insurance plan that collects enough money in premiums to at least cover claims paid out.
  3. More than 40 Texas insurance companies have gone bankrupt in the past three years.

News

  1. Insurance fraud highest for cars

    Insurance fraud seems to be on the rise when assessing the data on so-called questionable claims by the National Insurance Crime Bureau, and car claims are the culprit.
    on June 22, 2013     Source: Bankrate.com

  2. Insurance Professionals award scholarships to Vernon students

    The Insurance Professionals of Sussex County awarded two $1,000 scholarships at their annual dinner on May 20. The scholarships were awarded based on an essay response to one of three questions.
    on June 22, 2013     Source: The Advertiser-News

  3. Insurance companies paying out rebates by Aug 1

    Insurance companies must pay rebates if they spent too much on administrative costs as part of Obamacare
    on June 21, 2013     Source: The Record

Wiki Images for insurance

definition of insurance
meaning of insurance

Quotes

  1. "By the time I'm finished speaking ...... more Americans will have lost their health insurance," Obama told members of Congress. "Millions will lose it this year. Our deficit will grow. Premiums will go up. Co-pays will go up. ...... I will...
    on Jan 28, 2010 By: Barack Obama Source: USA Today

  2. "We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks," Mr Bernanke said in a speech in Washington this morning (AEDT).
    on Jan 10, 2008 By: Ben Bernanke Source: NEWS.com.au

Word of the Day
periphery periphery
/pə ˈrɪ fə ri /