Dec 29, 2025 · Insurance provides financial protection by covering risks like accidents, health issues, or property loss, helping individuals and businesses manage uncertainty.

: a contract by which someone guarantees for a fee to pay someone else for the value of property if it is lost or damaged (as through theft or fire) or to pay usually a specified amount for injury …

Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a …

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, …

INSURANCE meaning: 1. an agreement in which you pay a company money and they pay your costs if you have an accident…. Learn more.

Definition of insurance noun from the Oxford Advanced Learner's Dictionary. [uncountable, countable] an arrangement with a company in which you pay them regular amounts of money …

Insurance is an arrangement in which you pay money to a company, and they provide financial protection for your property, life, or health, paying you in case of death, loss, or damage.

insurance /ɪn ˈ ʃɚrəns/ noun Britannica Dictionary definition of INSURANCE [noncount] 1 : an agreement in which a person makes regular payments to a company and the company …

1. the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, in return for payment. 2. coverage by contract in which one …

Aug 14, 2023 · Insurance is a contract between you (or a business) and an insurance company to help protect you and your loved ones from financial loss due to an unexpected event, like an …