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insurance

Definition

  • noun: an agreement in which a person makes regular payments to a company and the company promises to pay money if the person is injured or dies, or to pay money equal to the value of something (such as a house or car) if it is damaged, lost, or stolen
  • noun: the business of 'insuring' persons or property
  • usually + 'against'
  • synonyms: assurance, precaution, underwrite

Examples

  • What's the monthly 'insurance' on your car? [=how much money do you pay each month for insurance for your car?]

  • He was very glad that he had 'taken out insurance on' the boat. [=that he had insured the boat]

  • Education provides 'insurance against' instability in the job market.

Movie clips

Movie quotes

  • (..) Lovely. That's odd. What I did, I went like this, and then... This is weird. Why did you take out a life-insurance policy on Gluant? The insurance company won't pay unless the murderer is caught. And if it turns out to be me... ...they won't pay at all. Do you understand? (..)
    2006 The Pink Panther