How do you spell insurance insurance?

insurance – noun and adjective Click here for that discussion.

What is the other meaning of insurance?

1 : an agreement by which a person pays a company and the company promises to pay money if the person becomes injured or dies or to pay for the value of property lost or damaged. 2 : the amount for which something is insured. 3 : the business of insuring persons or property.

Is insurance an English word?

insurance in American English an insuring or being insured against loss; 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.

How do you use insure in a sentence?

Examples of insure in a Sentence This policy will insure your car against theft. She had difficulty finding a company that would insure her. They take great care to insure the safety and security of their home. We hope that careful planning will insure success.

What are the 4 types of insurance?

Different Types of General InsuranceHome Insurance. As the home is a valuable possession, it is important to secure your home with a proper home insurance policy. … Motor Insurance. Motor insurance provides coverage for your vehicle against damage, accidents, vandalism, theft, etc. … Travel Insurance. … Health Insurance.

What are the 3 main types of insurance?

Then we examine in greater detail the three most important types of insurance: property, liability, and life.

What is an example of insurance?

When you pay premiums in exchange for a policy that pays out when you crash your car in a car accident, this is an example of an auto insurance policy. When you save money in case you lose your job and are out of work, this is an example of insurance in case you lose your job.

What are the seven types of insurance?

Best Covid-19 Travel Insurance PlansLife Insurance. There are a wide variety of life insurance policies. … Disability Insurance. … Long-Term Care Insurance. … Homeowners And Renters Insurance. … Liability Insurance. … Automobile Insurance.

What is a correct pronunciation?

Pronunciation is the way in which a word or a language is spoken. This may refer to generally agreed-upon sequences of sounds used in speaking a given word or language in a specific dialect (“correct pronunciation”) or simply the way a particular individual speaks a word or language.

What is life insurance in simple words?

Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period.

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