insurance — an arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
Part of speech: NOUN
Definition: an arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
Pronunciation (IPA): /ɪnˈʃʊrəns/
Example Sentences
- My insurance doesn't cover alien abduction, which is disappointing since I keep getting abducted every Tuesday.
- The insurance adjuster said my claim was denied because 'acts of my mother-in-law' aren't covered.
- She bought travel insurance before her trip to Europe.
insurance
NOUN[/ɪnˈʃʊrəns/]
an arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
After the storm crushed his car, insurance covered every dollar of the damage.
Insurance brings assurance through life's endurance!
Got the picture? Now let's practice.
🎤Pronunciation
🌳Etymology
Origin
Insurance derives from Middle French 'ensurance', itself derived from 'ensure' meaning 'to make certain'. The term originated from medieval maritime trading systems developed by merchants to distribute and mitigate the risks associated with sea commerce.
Breakdown
en- (make, cause) + sure (certain, safe) + -ance (state, condition, act of). The suffix -ance transforms the verb into a noun denoting the practice or system of ensuring against loss.
🎵Rhyme
🔗Collocations
📝Examples
“My insurance doesn't cover alien abduction, which is disappointing since I keep getting abducted every Tuesday.”
“The insurance adjuster said my claim was denied because 'acts of my mother-in-law' aren't covered.”
“She bought travel insurance before her trip to Europe.”
“The insurance coverage includes medical expenses and property damage.”
📚Related Words
Want to master 27,000+ words?
Sign up free for flashcards & quizzes.