insurance

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

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

Some teletherapy companies charge for monthly memberships or sessions and don’t take insurance. Cassie Shortsleeve, SELF, "How to Actually Have a Successful Teletherapy Appointment," 2 Feb. 2019 Registration and proof of insurance for quick reference if you're pulled over. Seventeen Editors, Seventeen, "7 Driving Tips For Teens That'll Seriously Help You Become a Pro On The Road," 14 Dec. 2018 Initially, Sadick examines the structure of the hair shaft through a trichogram ($200 and up; may be covered by insurance). Jessica Chia, Allure, "The Best Hair Loss Treatments for Every Budget," 15 Oct. 2018 Under the Affordable Care Act, birth control was completely covered for anyone with insurance, Yen explains, but the current administration may reverse that. Hans Aschim, Harper's BAZAAR, "Three Women in Science Who Broke the Glass Ceiling," 5 Oct. 2018 For me, my six-month car insurance payment hits in January, the homeowner’s bill for the entire year. Celeste Katz, Glamour, "These Women Are Still Waiting for Their Paycheck Because of the Government Shutdown," 11 Jan. 2019 That way, if someone gets hurt on the job, the company's insurance covers the medical bills. Brett Martin, House Beautiful, "Here Are The 8 Interview Questions To Ask A Potential Contractor," 26 Dec. 2018 Frank Rothman was one of the lawyers at MGM/United Artists who filed the insurance claim. Eleanor Hildebrandt, Popular Mechanics, "The True Story of the Lost Sci-Fi Movie "Brainstorm," Natalie Wood’s Last Film," 21 Dec. 2018 For every family booking of four guests, a local family of five receives medical insurance for a year at Phaplu Hospital. Sophy Roberts, Condé Nast Traveler, "On Your Next Trip to Nepal, Rent the House Sir Edmund Hillary Loved," 20 Dec. 2018

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

13 Feb 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 \

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- \

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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