insurance

noun
UK: /ɪnˈʃʊərəns/
US: /ɪnˈʃʊrəns/

  1. An agreement where you pay a company money, and they pay you if something bad happens to you.

    1. I need car insurance for my new vehicle to be legal on road. [ ] [ ]
    2. Homeowners insurance protects you financially if your house is damaged by a storm. [ ] [ ]

  2. The level of protection provided by an insurance policy.

    1. The insurance covers theft and damage to the property, but not flooding. [ ] [ ]
    2. We increased our insurance coverage to ensure we are fully protected against any potential losses. [ ] [ ]

  3. A way to avoid problems, or a protection against possible bad effects in the future.

    1. Regular exercise is a good insurance against heart disease later in life. [ ] [ ]
    2. Having backup files is good insurance that you won't lose important data if your computer crashes. [ ] [ ]

Synonyms

assurance coverage protection security warranty safeguard

Frequently Asked Questions

The word "insurance" in English means: An agreement where you pay a company money, and they pay you if something bad happens to you., The level of protection provided by an insurance policy., A way to avoid problems, or a protection against possible bad effects in the future..

The phonetic transcription of "insurance" is /ɪnˈʃʊərəns/ in British English and /ɪnˈʃʊrəns/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "insurance": assurance, coverage, protection, security, warranty, safeguard.

Example usage of "insurance": "I need car insurance for my new vehicle to be legal on road.". More examples on the page.