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nounwritten contract or certificate of insurance
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nounprotection against future loss
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nounpromise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance companytype of:
Definition that contains insurance
- hospitalization insurance that pays all or part of a patient's hospital expense
- death benefit insurance or pension money payable to a beneficiary of a deceased
- automobile insurance insurance against loss due to theft or traffic accidents
- ordinary life insurance insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
- liability insurance insurance that provides protection from claims arising from injuries or damage to other people or property
- old-age insurance insurance paid to the elderly
- life assurance insurance paid to named beneficiaries when the insured person dies
- car insurance insurance against loss due to theft or traffic accidents
- hospitalization insurance insurance that pays all or part of a patient's hospital expense
- straight life insurance insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured