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Insurance: Definition, How It Works, and Main Types of Policies
https://www.investopedia.com/terms/i/insurance.asp
Web ResultFeb 28, 2024 · Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. There are many types of insurance policies. Life, health,...
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Insurance Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/insurance
Web Result1. 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 …
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INSURANCE | definition in the Cambridge English Dictionary
https://dictionary.cambridge.org/us/dictionary/english/insurance
Web ResultCompare. assurance (INSURANCE) UK. [ C or U ] something that protects against the possible damaging effects of something: insurance against Households are …
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What is Insurance? Definition, How it Works, & Examples | Money
https://money.com/what-is-insurance/
Web ResultMar 31, 2023 · Insurance Definition. Insurance is an agreement between an individual policy (or a business) and an insurance company. Under this agreement, the policyholder pays premiums to the insurer in exchange for financial compensation in the event of a covered incident.
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Insurance - Wikipedia
https://en.wikipedia.org/wiki/Insurance
Web ResultInsurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.
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Insurance | Definition, History, Types, Companies, & Facts
https://www.britannica.com/money/insurance
Web ResultFeb 22, 2024 · insurance, a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to render services to the insured in the event that certain accidental occurrences result in losses during a given period. It thus is a method of coping with risk.
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INSURANCE | English meaning - Cambridge Dictionary
https://dictionary.cambridge.org/dictionary/english/insurance
Web Resultassurance (INSURANCE) UK. [ C or U ] something that protects against the possible damaging effects of something: insurance against Households are stockpiling …
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What Is Insurance? | U.S. News
https://www.usnews.com/insurance/glossary/what-is-insurance
Web Result|. Updated: Feb. 15, 2024. Insurance can be defined broadly as an agreement or contract between an individual or a business and an insurance company. The policyholder pays a premium in exchange...
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INSURANCE Definition & Usage Examples | Dictionary.com
https://www.dictionary.com/browse/insurance
Web Resultthe act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, …
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Insurance Definition & Meaning | Britannica Dictionary
https://www.britannica.com/dictionary/insurance
Web ResultINSURANCE meaning: 1 : 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; 2 : the amount of money a person regularly pays an …
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