from The American Heritage® Dictionary of the English Language, 4th Edition
- n. The act, business, or system of insuring.
- n. The state of being insured.
- n. A means of being insured.
- n. Coverage by a contract binding a party to indemnify another against specified loss in return for premiums paid.
- n. The sum or rate for which such a contract insures something.
- n. The periodic premium paid for this coverage.
- n. A protective measure: biking helmets that provide insurance against a head injury.
- adj. Sports Of, relating to, or being a score that increases a team's lead enough to prevent the opposing team from tying the game with one more score: an insurance run.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A means of indemnity against a future occurrence of an uncertain event.
- n. The business of providing insurance.
- n. Metaphoric: Any attempt to anticipate an unfavorable event.
- n. Blackjack: A bet made after the deal, which pays off if the dealer has blackjack.
- n. An insurance policy
from the GNU version of the Collaborative International Dictionary of English
- n. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6.
- n. The premium paid for insuring property or life.
- n. The sum for which life or property is insured.
- n. A guaranty, security, or pledge; assurance.
- n. Any means of assuring against loss; a precaution.
from The Century Dictionary and Cyclopedia
- n. The act of insuring or assuring against loss; a system of business by which a company or corporation (called an insurance company, or, rarely, assurance company or society) guarantees the insured to a specified extent and under stipulated conditions against pecuniary loss arising from such contingencies as loss of or damage to property by fire or the efforts to extinguish fire (fire-insurance), or by shipwreck or disaster at sea (marine insurance), or by explosion, breakage, or other accidents to property, or the loss of future earnings, either through disablement (accident-insurance) or through death (life-insurance), etc. Also called assurance.
- n. Specifically In law, a contract by which one party, for an agreed consideration (which is proportioned to the risk involved), undertakes to compensate the other for loss on a specified thing, from specified causes.
- n. The premium paid for insuring property, life, etc.
- n. Engagement; betrothal.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. written contract or certificate of insurance
- n. protection against future loss
- n. promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
I want to see Randy answer this question: 1. Accepting arguendo that mandating a person to buy health insurance is not regulation of commerce, there is no question that the rest of the bill is regulating the interstate market in health insurance*.
Spin to Win gives customers the chance to win one of eight prizes ranging from £50 off your caravan and motorhome insurance to one month's free car insurance*.
Health care is a right of every American that previously used to fall between the 85% of Americans who were covered under private insurance and the 94% of Americans who will now be covered under insurance*
So for many of these responsible adults -- men and women who year-in and year-out followed the advice they received -- the choice now boils down to dropping their life insurance altogether, or paying a king's ransom to renew the term insurance they have.
Stop paying your premium this month or this quarter and the term insurance company will cancel your coverage in 31 days.
On a term insurance policy the amount paid to your heirs is the death benefit, the same as in the whole life example above.
Mortgage lenders then require borrowers to pay for a title insurance policy that protects the lender if a challenge to ownership comes up after closing.
Until the foreclosure problem is resolved, be prepared for extra delays and scrutiny from your lender, the title examiner and the title insurance company.
The trick in insurance is finding a balance between the two concepts.
I was laid off from my job as in-house counsel for a title insurance carrier in January 2009.