insurance

noun
in·​sur·​ance | \ in-ˈshu̇r-ən(t)s How to pronounce insurance (audio) , -ˈshər- also ˈin-ˌshu̇r-, -ˌshər- How to pronounce insurance (audio) \

Definition of insurance

 (Entry 1 of 2)

1a : the business of insuring persons or property
b : coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril
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

adjective

Definition of insurance (Entry 2 of 2)

: 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.
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Recent Examples on the Web: Noun

While not free, the therapist is covered by company insurance. Susan Glaser, cleveland.com, "Mental health day off? Company culture is changing: Top Workplaces 2019," 16 June 2019 Hector Villarreal, 25, of the 4100 block of West 63rd Street, Chicago, was charged with possession of drug paraphernalia and driving without insurance at 11:53 p.m. June 10 at Route 83 and Roosevelt Road. Graydon Megan, chicagotribune.com, "Police blotter: Purse stolen from Elmhurst Mariano's returned at Bensenville Jewel," 14 June 2019 The consensus view is that the U.S. Federal Reserve will cut rates, probably in July, as a form of insurance against persistently low inflation. James Mackintosh, WSJ, "If the Fed Cuts, History Provides Guide to Market Impact," 13 June 2019 Burch reported in his financial disclosure form for UMMS for 2017-18 that his son, Aaron Burch, is director of legal services for University of Maryland Health Care Advantage, a provider of Medicare insurance. Kevin Rector, baltimoresun.com, "Who's who amid UMMS leadership shake-up, review after 'Healthy Holly' scandal," 7 June 2019 The resort and its parent company are well off and protected by insurance, but still, refuse to assist Mrs. Lawrence Daley after the tragedy that fell upon her at their resort. Joelle Goldstein, PEOPLE.com, "Woman Attacked in Dominican Republic Says All-Inclusive Resort Is Trying to ‘Blame the Victim’," 7 June 2019 These are administrative permits that are issued when a company fills out the paperwork, provides proof of insurance, and pays the fees. Emily Deruy, The Mercury News, "San Jose issues first scooter permit to Lyft," 7 June 2019 In urban areas, where more and more of the population lives, people can avoid parking costs and the expense of insurance by relying on ride services like Uber or Lyft or hourly rentals with services like Zipcar. Jack Ewing, New York Times, "The Car Industry Is Under Siege," 6 June 2019 Without insurance, the project can’t proceed, and the pool of potential insurers is shrinking all the time. John Quiggin, Quartz India, "Why is this Indian billionaire splurging on an Australian mine guaranteed to lose money?," 6 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'insurance.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of insurance

Noun

1651, in the meaning defined at sense 1a

Adjective

1954, in the meaning defined above

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Statistics for insurance

Last Updated

19 Jun 2019

Look-up Popularity

Time Traveler for insurance

The first known use of insurance was in 1651

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More Definitions for insurance

insurance

noun

English Language Learners Definition of insurance

: an agreement in which a person makes regular payments to a company and the company promises to pay money if the person is injured or dies, or to pay money equal to the value of something (such as a house or car) if it is damaged, lost, or stolen
: the amount of money a person regularly pays an insurance company as part of an insurance agreement
: the amount of money that a person receives from an insurance company

insurance

noun
in·​sur·​ance | \ in-ˈshu̇r-əns How to pronounce insurance (audio) \

Kids Definition of insurance

1 : an agreement by which a person pays a company and the company promises to pay money if the person becomes injured or dies or to pay for the value of property lost or damaged
2 : the amount for which something is insured
3 : the business of insuring persons or property

insurance

noun
in·​sur·​ance | \ in-ˈshu̇r-əns, ˈin-ˌshu̇r- How to pronounce insurance (audio) \

Legal Definition of insurance

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)
2a : 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

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More from Merriam-Webster on insurance

Spanish Central: Translation of insurance

Nglish: Translation of insurance for Spanish Speakers

Britannica English: Translation of insurance for Arabic Speakers

Britannica.com: Encyclopedia article about insurance

Comments on insurance

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