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

As an insurance company, Samsung conducted a poll of the country which found that 58 percent of households did not have a fire extinguisher as of 2017, despite a recent law requiring them. David Grossman, Popular Mechanics, "Samsung's 'Firevase' Is a Smashing Fire Extinguisher," 28 Mar. 2019 Their proposals would move every American out of private insurance and into a new government plan. Dylan Scott, Vox, "Is employer-sponsored insurance really a good deal for workers?," 7 Feb. 2019 Hossa is signed for three more years and has a $5.275 million cap hit for each of those seasons, but the Coyotes are only expected to pay him $200,000 per year with insurance covering the rest of his $1 million annual salary. Richard Morin, azcentral, "Arizona Coyotes complete seven-player deal with Chicago Blackhawks," 12 July 2018 Preparedness for diabetic travelers starts with travel insurance but extends to food, medication, and, of course, monitoring your glucose. Christopher Elliott, chicagotribune.com, "For people with diabetes, air travel can present a host of challenges," 12 July 2018 Specifically, Coffman addressed the 77 percent of psychiatrists who accept private insurance, in comparison to the 46 percent of psychiatrists who have any Medi-Cal patients. Hannah Holzer, sacbee, "California needs more mental health professionals – and the shortage will get worse, experts say," 11 July 2018 Other senators have versions that make Medicare available as an alternative to private insurance. Colby Itkowitz, Washington Post, "The Health 202: Medicare for all is new Democratic mantra in congressional races," 9 July 2018 Who’s behind it: The labor union SEIU-United Healthcare Workers West says clinics gouge patients who have private insurance and that the initiative will ensure fair pricing. Melody Gutierrez, SFChronicle.com, "Gas taxes, cage-free chickens and a chopped-up California top fall ballot," 3 July 2018 Pritzker also proposed $390 million in revenue from a tax on insurance companies, specifically managed care organizations to help cover the state’s Medicaid program costs. John O'connor, The Seattle Times, "Pritzker’s $39B budget relies on taxing marijuana, betting," 20 Feb. 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

10 Apr 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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