insurance
🇺🇸
/ɪnˈʃʊrəns/
🇬🇧
/ɪnˈʃʊərəns/
A contract where you pay a company money regularly, and they pay you if something bad happens like illness, damage, or death.
If you have insurance, the company will pay for your car repairs after an accident.
The business of selling insurance to people.
She sells insurance to help people protect their homes and cars.
Money paid by an insurance company when you make a claim.
After the fire, the insurance helped them rebuild their house.
Something you do to protect yourself from future problems.
Saving money is good insurance for unexpected expenses.