| / English Dictionary |
INSURANCE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
Written contract or certificate of insurance
Example:
you should have read the small print on your policy
Synonyms:
insurance; insurance policy; policy
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("insurance" is a kind of...):
contract (a binding agreement between two or more persons that is enforceable by law)
Hyponyms (each of the following is a kind of "insurance"):
floater; floating policy (an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location)
Sense 2
Meaning:
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
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("insurance" is a kind of...):
protection; security (defense against financial failure; financial independence)
Hyponyms (each of the following is a kind of "insurance"):
assurance (a British term for some kinds of insurance)
automobile insurance; car insurance (insurance against loss due to theft or traffic accidents)
business interruption insurance (insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril)
coinsurance (insurance issued jointly by two or more underwriters)
fire insurance (insurance against loss due to fire)
group insurance (insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group)
hazard insurance (insurance that provides protection against certain risks such as storms or fires)
health insurance (insurance against loss due to ill health)
liability insurance (insurance that provides protection from claims arising from injuries or damage to other people or property)
life assurance; life insurance (insurance paid to named beneficiaries when the insured person dies)
malpractice insurance (insurance purchased by physicians and hospitals to cover the cost of being sued for malpractice)
reinsurance (sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured)
self-insurance (insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy)
term insurance (low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value)
Derivation:
insure (protect by insurance)
Sense 3
Meaning:
Protection against future loss
Synonyms:
indemnity; insurance
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("insurance" is a kind of...):
protection; shelter (the condition of being protected)
Derivation:
insure (take out insurance for)
Context examples:
If you have health insurance, it usually pays at least part of your medical costs.
(Financial Assistance, NIH)
Make sure you have the insurance you need, including special types, like flood insurance.
(Disaster Preparation and Recovery, Federal Emergency Management Agency)
A question about an individual's distress related to their practical problems with insurance or finances.
(Distress over Practical Problem with Insurance or Finances, NCI Thesaurus)
Managed care plans are a type of health insurance.
(Managed Care, NIH)
A U.S. federal health insurance program for people aged 65 years or older and people with certain disabilities.
(Medicare, NCI Dictionary)
Medicare is the U.S. government's health insurance program for people age 65 or older.
(Medicare, NIH)
The effect of insurance coverage on medical care and practices.
(Insurance and Payment Issues, NCI Thesaurus)
Sometimes government programs or your health insurance will help cover the cost of certain home care services.
(Home Care Services, NIH)
Hay added, "Our work indicates that local management provides a degree of insurance against global stresses, but there are likely higher temperatures that render the insurance ineffective."
(Voracious fish defend coral reefs against warming, Wikinews)
A 1996 U.S. law that allows workers and their families to keep their health insurance when they change or lose their jobs.
(Health Insurance Portability and Accountability Act, NCI Dictionary)
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