What is the definition of insurance?

Answer Main Entry: 1in·sur·ance Pronunciation: \in-ˈshu̇r-É™n(t)s also ˈin-ËŒ\ Function: noun Date: 1651 1 a: the business of insuring persons or property b: coverage by contract whereby one party ... Read More »

Top Q&A For: What is the definition of insurance

What is a gap insurance definition?

People often believe that buying the typical package of comprehensive, collision and liability insurance gives them 100 percent protection against a car wreck that totally destroys their car, but t... Read More »

What is the definition of property insurance?

Each year, Americans suffer approximately $13.6 billion of property damage due to fire, according to the National Fire Protection Association. Property insurance helps protect you from loss due to ... Read More »

What is the definition of health insurance?

The term "health insurance" refers to the reimbursement of loss due to ill health. The meaning of health insurance is not limited to recovering loss due to ill health. It also means coverage for me... Read More »

What is the definition of insurance companies?

Insurance companies are a type of highly-regulated financial company that sells policies that offer monetary protection from loss. There are many insurance companies that operate in the United Stat... Read More »