26984 words

insurance

9 definitions • 29 examples
1
an agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc.:

Examples:

car/travel insurance
take out insurance I'll need to take out extra car insurance for another driver.
The insurance doesn't cover you for (= include) household items.
insurance claim In the past 10 years, natural disasters caused £105 billion in insurance claims.
claim on the insurance When my bike was stolen, I claimed on the insurance.
2
something that protects against the possible damaging effects of something:

Examples:

insurance against Households are stockpiling food as insurance against price rises.
insurance policy Many people are applying for overseas passports as an insurance policy in case of future chaos.
Owning gold was seen as an insurance against an unknown future.
3
In sport, an insurance run, point, goal, etc. is one that you score when you already have a small lead to make it more difficult for the other team to catch up:

Examples:

Kelly scored a huge insurance goal to put the Puffins up by 2, with 3 minutes left.
They might regret not being able to score an insurance run in that inning.
4
the agreement in which you pay a company money and the company pays the cost if you have an accident, injury, or loss:

Examples:

fire/health/life insurance
5
an agreement in which you pay a company money, either in one payment or in regular payments, and they pay your costs, for example, if you lose or damage something, or have an accident, injury, etc.:

Examples:

car/holiday/home/health, etc. insurance
an insurance plan/policy
to buy/sell insurance
insurance contributions/payments/premiums
insurance against sth You can take out insurance against employee injury.
offer/provide/refuse insurance Have you ever been refused car insurance in the past?
arrange/obtain/take out insurance You must make sure you take out insurance on the contents of your house.
have insurance Ensure you have sufficient insurance to cover the cost of replacing your valuables.
be covered by (the) insurance Unfortunately, stolen personal belongings are not covered by the insurance.
claim on the/your insurance I claimed on the insurance for the damage to the furniture.
insurance pays for sth/covers sb/sth This insurance covers the cost of their mortgage but they are considering more life cover.
Most insurances won't cover you if you take part in any dangerous sporting activities.
6
the business of selling insurance:

Examples:

He's worked in insurance for over 20 years.
the insurance industry
an insurance company
7
money that is paid to an insurance company:

Examples:

They ask for 8% extra from customers who pay insurance by direct debit instead of as a lump sum.
8
money that is paid by an insurance company:

Examples:

I had to cancel the trip, but I got back nearly $1000 in insurance.
9
shares in insurance companies:

Examples:

Insurances were given a new lease of life as the market's strength helped to allay solvency margin fears.

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