insurance -
n. 1 the act or an instance of insuring.
2 a a sum paid for this; a premium. b a sum paid out as compensation for theft, damage, loss, etc.
3 =
insurance policy.
4 a measure taken to provide for a possible contingency (
take an umbrella as
insurance).
insurance agent Brit. a person employed to collect premiums door to door. insurance company Brit. a company engaged in the business of insurance. insurance policy Brit.
1 a contract of insurance.
2 a document detailing such a policy and constituting a contract. insurance stamp Brit. hist. a stamp certifying the payment of a sum, usu. paid weekly, for National Insurance. [earlier ensurance f. OF ense