insurancenoun [ U ]
uk/ɪnˈʃɔː.rəns, ɪnˈʃʊə.rəns/us/ɪnˈʃɜ.r.əns/B2 an agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc.:
life/health/car/travel insurance
I'll need to take out extra car insurance for another driver.
The insurance doesn't cover you for (= include) household items.
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assurance
More examples
- It is a legal requirement that you have insurance for your car.
- It took the insurance company months to settle my claim.
- She was so thankful that she had taken out insurance, when she was involved in an accident on holiday.
- It's worth your while taking out travel insurance before you travel.
- When my bike was stolen, I claimed on the insurance and got £150 back.
Thesaurus: synonyms and related words
Insurance
- actuarial
- assessor
- bancassurance
- claim
- coverage
- deductible
- endowment policy
- excess
- green card
- guarantee
- indemnify
- insure
- insured
- insurer
- no-claims bonus
- policy
- premium
- protect
- the GISC
- uninsured
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