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Definition of Insurance

Insurance n. means: The sum for which life or property is insured.

What is the meaning/definition of Insurance ?

Insurance n. means: The sum for which life or property is insured.

Meaning of Insurance

Insurance (n.) means: The sum for which life or property is insured.

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More meanings / definitions of Insurance or words, sentences containing Insurance?

Underwrite (v. t.): To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance.

Actuary (n.): The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.

Reinsurance (n.): Insurance a second time or again; renewed insurance.

Policy (n.): The writing or instrument in which a contract of insurance is embodied; an instrument in writing containing the terms and conditions on which one party engages to indemnify another against loss arising from certain hazards, perils, or risks to which his person or property may be exposed. See Insurance.

Insurance (n.): The sum for which life or property is insured.

Insurance (n.): A guaranty, security, or pledge; assurance.

Insurancer (n.): One who effects insurance; an insurer; an underwriter.

Reinsure (v. t.): To insure again after a former insuranse has ceased; to renew insurance on.

Insurance (n.): The premium paid for insuring property or life.

Underwrite (v. i.): To practice the business of insuring; to take a risk of insurance on a vessel or the like.

Insure (v. i.): To underwrite; to make insurance; as, a company insures at three per cent.

Reinsure (v. t.): To insure, as life or property, in favor of one who has taken an insurance risk upon it.

Assurance (n.): Insurance; a contract for the payment of a sum on occasion of a certain event, as loss or death.

Premium (n.): A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.

Rate (n.): The class of a merchant vessel for marine insurance, determined by its relative safety as a risk, as A1, A2, etc.

Underwriter (n.): One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer.

Lloyd's (n.): A part of the Royal Exchange, in London, appropriated to the use of underwriters and insurance brokers; -- called also Lloyd's Rooms.

Indemnity (n.): Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.

Lloyd's (n.): An association of underwriters and others in London, for the collection and diffusion of marine intelligence, the insurance, classification, registration, and certifying of vessels, and the transaction of business of various kinds connected with shipping.

Law (n.): Collectively, the whole body of rules relating to one subject, or emanating from one source; -- including usually the writings pertaining to them, and judicial proceedings under them; as, divine law; English law; Roman law; the law of real property; insurance law.

Director (n.): One of a body of persons appointed to manage the affairs of a company or corporation; as, the directors of a bank, insurance company, or railroad company.

Lapsed (a.): Ineffectual, void, or forfeited; as, a lapsed policy of insurance; a lapsed legacy.

Insurance (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.

Company (n.): An association of persons for the purpose of carrying on some enterprise or business; a corporation; a firm; as, the East India Company; an insurance company; a joint-stock company.

Warranty (n.): A stipulation or engagement by a party insured, that certain things, relating to the subject of insurance, or affecting the risk, exist, or shall exist, or have been done, or shall be done. These warranties, when express, should appear in the policy; but there are certain implied warranties.

Loss (v. t.): Destruction or diminution of value, if brought about in a manner provided for in the insurance contract (as destruction by fire or wreck, damage by water or smoke), or the death or injury of an insured person; also, the sum paid or payable therefor; as, the losses of the company this year amount to a million of dollars.

Carry (v. t.): To bear the charges or burden of holding or having, as stocks, merchandise, etc., from one time to another; as, a merchant is carrying a large stock; a farm carries a mortgage; a broker carries stock for a customer; to carry a life insurance.

Insure (v. t.): Specifically, to secure against a loss by a contingent event, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and sometimes hazardous debts are insured.

Tontine (n.): An annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three, according to the terms on which the money is advanced. Used also adjectively; as, tontine insurance.

Scrip (n.): A preliminary certificate of a subscription to the capital of a bank, railroad, or other company, or for a share of other joint property, or a loan, stating the amount of the subscription and the date of the payment of the installments; as, insurance scrip, consol scrip, etc. When all the installments are paid, the scrip is exchanged for a bond share certificate.

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Words, slangs, sentences and phrases similar to Insurance

Meaning of Jewish Stocktake

Jewish Stocktake means: Insurance scam (for example) To burn your own building/business down (destroy the business) in order to recover the losses through insurance claims! Generally this will be more profitable than keeping the business open!

Meaning of Jewish Stocktake

Jewish Stocktake means: Insurance scam (for example) To burn your own building/business down (destroy the business) in order to recover the losses through insurance claims! Generally this will be more profitable than keeping the business open!

Meaning of ACCELERATED DEATH BENEFITS

ACCELERATED DEATH BENEFITS means: Accelerated death benefits is insurance industry slang for a policyholder's option to use cash benefits from life insurance to finance medical care during serious illness.

Meaning of dole

dole means: unemployment insurance

Meaning of Pogie

Pogie means: Unemployment Insurance - from the term for a poorhouse

Meaning of Insurance Piss

Insurance Piss means: Urinating before doing something that takes a long time.

Meaning of Insurance Piss

Insurance Piss means: Urinating before doing something that takes a long time.

Meaning of maul

maul means: To hug and kiss. Morty Gusting matched his own house to get the insurance money.

Meaning of At Sea

At Sea means: In marine insurance this phrase applies to a ship which is free from its moorings and ready to sail.

Meaning of torpedo

torpedo means: A hired killer. I hear Burnham Goode torched his own restaurant for the insurance money.

Meaning of match

match means: Set fire to, to commit arson. Morty Gusting matched his own house to get the insurance money.

Meaning of torch

torch means: To commit arson, to burn down illegally. I hear Burnham Goode torched his own restaurant for the insurance money.

Meaning of Bomb

Bomb means: If something costs a bomb it means that it is really expensive. We say it when we see the price of insurance in the US, you could try saying it when you see how much jeans or petrol cost over here!

Meaning of Bomb

Bomb means: - If something costs a bomb it means that it is really expensive. We say it when we see the price of insurance in the US, you could try saying it when you see how much jeans or petrol cost over here!

Meaning of CLAIMO

CLAIMO means: Claimo is British slang for a fortuitous accident where no one is hurt but the insurance claim is paid.

Meaning of stamps

stamps means: issued stamps to fishermen to collect unemployment insurance

Meaning of Dear

Dear means: - If something is dear it means it is expensive. I thought Texan insurance was dear.

Meaning of Dear

Dear means: If something is dear it means it is expensive. I thought Texan insurance was dear.

Meaning of unemployment boots

unemployment boots means: rubber boots bought when fishermen started collection unemployment insurance. They were made of green rubber, with 4 holes at the top with yellow laces

Meaning of Service Number

Service Number means: A unique identifier that is issued to each member of the Canadian Forces. It replaced the Social Insurance Number as the common unique identifier for serive members. Consists of a letter and then eight digits.

Meaning of Underwrite

Underwrite means: To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance.

Meaning of Actuary

Actuary means: The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.

Meaning of Reinsurance

Reinsurance means: Insurance a second time or again; renewed insurance.

Meaning of Policy

Policy means: The writing or instrument in which a contract of insurance is embodied; an instrument in writing containing the terms and conditions on which one party engages to indemnify another against loss arising from certain hazards, perils, or risks to which his person or property may be exposed. See Insurance.

Meaning of Insurance

Insurance means: The sum for which life or property is insured.

Meaning of Insurance

Insurance means: A guaranty, security, or pledge; assurance.

Meaning of Insurancer

Insurancer means: One who effects insurance; an insurer; an underwriter.

Meaning of Reinsure

Reinsure means: To insure again after a former insuranse has ceased; to renew insurance on.

Meaning of Insurance

Insurance means: The premium paid for insuring property or life.

Meaning of Underwrite

Underwrite means: To practice the business of insuring; to take a risk of insurance on a vessel or the like.

Meaning of Insure

Insure means: To underwrite; to make insurance; as, a company insures at three per cent.

Meaning of Reinsure

Reinsure means: To insure, as life or property, in favor of one who has taken an insurance risk upon it.

Meaning of Assurance

Assurance means: Insurance; a contract for the payment of a sum on occasion of a certain event, as loss or death.

Meaning of Premium

Premium means: A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.

Meaning of Rate

Rate means: The class of a merchant vessel for marine insurance, determined by its relative safety as a risk, as A1, A2, etc.

Dictionary words and meanings

Meaning of Anthologist

Anthologist means: One who compiles an anthology.

Meaning of Cajolement

Cajolement means: The act of cajoling; the state of being cajoled; cajolery.

Meaning of Calculater

Calculater means: of Calculate

Meaning of Fat

Fat means: Exhibiting the qualities of a fat animal; coarse; heavy; gross; dull; stupid.

Meaning of Insculptured

Insculptured means: Engraved.

Slang words and meanings

Meaning of BEAKER−HAULER

BEAKER−HAULER means: Beaker−hauler is slang for a poultry thief who sells stolen poultry door−to−door.

Meaning of tip

tip means: 1 n place in great disarray: Your flat is a complete tip! Derived I think from the British term rubbish tip, where one goes to tip rubbish. 2 a gratuity (universal).

Meaning of Bulge

Bulge means: The display of male genetials in underwear.

Meaning of fake

fake means: counterfeit, not real

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