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1. Insurance: Definition, How It Works, and Main Types of Policies
Link: https://www.investopedia.com/terms/i/insurance.asp
Description: WEBFeb 28, 2024 · Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. There are many types of insurance...
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2. INSURANCE Definition & Meaning | Dictionary.com
Link: https://www.dictionary.com/browse/insurance
Description: WEBInsurance definition: the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a …
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3. Insurance Definition & Meaning - Merriam-Webster
Link: https://www.merriam-webster.com/dictionary/insurance
Description: WEBThe meaning of INSURANCE is coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril. How to use insurance in a sentence.
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4. What Is Insurance? | U.S. News
Link: https://www.usnews.com/insurance/glossary/what-is-insurance
Description: WEBFeb 15, 2024 · Insurance can be defined broadly as an agreement or contract between an individual or a business and an insurance company. The policyholder pays a premium in exchange for...
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5. What is Insurance? Definition, How it Works, & Examples | Money
Link: https://money.com/what-is-insurance/
Description: WEBMar 31, 2023 · Insurance is an agreement between an individual policy (or a business) and an insurance company. Under this agreement, the policyholder pays premiums to the insurer in exchange for financial compensation in the event of a covered incident.
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6. Insurance - Wikipedia
Link: https://en.wikipedia.org/wiki/Insurance
Description: WEBInsurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.
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7. Insurance | Definition, History, Types, Companies, & Facts
Link: https://www.britannica.com/money/insurance
Description: WEBMar 31, 2024 · insurance, a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to render services to the insured in the event that certain accidental occurrences result in losses during a given period. It thus is a method of coping with risk.
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8. INSURANCE | definition in the Cambridge English Dictionary
Link: https://dictionary.cambridge.org/us/dictionary/english/insurance
Description: WEBan agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc.: car / travel insurance. take out insurance I'll need to take …
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9. Insurance Definition & Meaning | Britannica Dictionary
Link: https://www.britannica.com/dictionary/insurance
Description: WEBINSURANCE meaning: 1 : 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; 2 : the amount of money a person regularly pays an insurance company as …
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10. INSURANCE | English meaning - Cambridge Dictionary
Link: https://dictionary.cambridge.org/dictionary/english/insurance
Description: WEBan agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc.: car / travel insurance. take out insurance I'll need to take …
