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Insurance definition, the 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, or the like.
Promise of reimbursement in the case of loss; Insuring anything other than human life is called general insurance. Enter it below to jump to the definition. Cargo insurance provides coverage against all risks of physical loss or damage to freight during the shipment from any businesses need cargo insurance to reduce the risk of importing and exporting. Use these insurance terms and definitions to help you understand your policy. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. From the older form ensurance, see also assurance. 'group health insurance in large companies protects the individual with costly conditions by including him with the less costly.' 'identity theft is becoming so widespread in the uk that many companies. Examples include finance, administration, insurance, and legal services. National insurance synonyms, national insurance pronunciation, national insurance translation, english dictionary definition of national insurance. Hall defines insurance as contract in writing whereby one party called the insurer, agrees in consideration of either a single or a periodical payment called the premium, to indemnify another party. Paid to people or companies so concerned about hazards that they have made prepayments to an insurance company. Find out the words you should connect with confidence.
Travel insurance in the insurance topic by longman dictionary of contemporary english | ldoce accidents, loss of bags etc20 million holidaymakers took out travel insurance policies last year. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. 'group health insurance in large companies protects the individual with costly conditions by including him with the less costly.' 'identity theft is becoming so widespread in the uk that many companies. Examples include finance, administration, insurance, and legal services. Insurance policies are a safeguard against the uncertainties of life.
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Insurance refers to a contractual arrangement in which one party, i.e. Insurance policies are a safeguard against the uncertainties of life. The study of the features of the world and where things in the world are. Insuring anything other than human life is called general insurance. An agreement in which you pay a company money and they pay your costs (definition of insurance from the cambridge business english dictionary © cambridge university.
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