insurance

1 of 2

noun

in·​sur·​ance in-ˈshu̇r-ən(t)s How to pronounce insurance (audio)
-ˈshər-,
also
ˈin-ˌshu̇r- How to pronounce insurance (audio)
-ˌshər-
1
a
: coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril
b
: the business of insuring persons or property
c
: the sum for which something is insured
2
: a means of guaranteeing protection or safety
The contract is your insurance against price changes.
Frequent hand washing is good insurance against the common cold.
3
gambling : a side bet that a player in blackjack may place when the dealer's first faceup card is an ace

Note: An insurance bet can be up to half of a player's original bet. It wins at 2 to 1 odds if the dealer's cards add up to 21.

insurance

2 of 2

adjective

: being a score that adds to a team's lead and makes it impossible for the opposing team to tie the game with its next score
an insurance run

Examples of insurance in a Sentence

Noun insurance against theft or damage She has a job in insurance. I work for an insurance company.
Recent Examples on the Web
Noun
Mexico offers high-quality health care through private hospitals at low costs, and many retirees arrange private insurance or simply pay cash for services. Patricia Doherty, Travel + Leisure, 16 May 2024 Buffett has been building its stake in the insurance company since 2023, but the Securities and Exchange Commission granted special permission to keep the stake confidential. Diane Brady, Fortune, 16 May 2024 See all Example Sentences for insurance 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'insurance.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

Noun

1651, in the meaning defined at sense 1b

Adjective

1954, in the meaning defined above

Time Traveler
The first known use of insurance was in 1651

Dictionary Entries Near insurance

Cite this Entry

“Insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insurance. Accessed 25 May. 2024.

Kids Definition

insurance

noun
in·​sur·​ance
in-ˈshu̇r-ən(t)s
1
a
: the business of insuring persons or property
b
: 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 or death
c
: the amount for which something is insured
2
: a means of guaranteeing protection
take an umbrella as insurance against rain

Legal Definition

insurance

noun
1
: the action, process, or means of insuring or the state of being insured usually against loss or damage by a contingent event (as death, fire, accident, or sickness)
2
a
: the business of insuring persons or property
b
: coverage by contract whereby for an agreed payment one party agrees to indemnify or guarantee another against loss by a specified contingency or peril
c
: the principles and practice of the business of insuring
3
: the sum for which something is insured
Last Updated: - Updated example sentences
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