insurance B1 Topic:Business & Commerce US /ɪnˈʃɔː.ɹəns/ See IPA manual Freq #1983 Meanings 1 noun An agreement in which you pay a company money so that they will pay you if something bad happens, such as an accident or illness. My car was wrecked, but luckily I had insurance. 2 noun The business of providing such agreements. After years in banking, she switched to insurance. 3 noun Something you do to protect yourself against a possible problem in the future. I took an umbrella as insurance against the rain. Thesaurus Synonyms 1 noun · an agreement in which you... policy Word family Forms insurances Derived forms coinsuranceinsurancelikeinsurancerinsureinsurerinsurtechinterinsurancemicroinsurancenoninsuranceoverinsurancereinsuranceself-insurance Related forms actuaryannuitybrokerfloatunderwriter Common collocations insurance coverage Noun + noun insurance premium Noun + noun Etymology AI details From the older form ensurance, see also assurance. By surface analysis, insure + -ance. Topics Business & Commerce Money & Finance External links Cambridge Dictionary Wiktionary Google Images # insurance **Type:** Word **Level:** B1 **Part of speech:** noun **IPA (US):** /ɪnˈʃɔː.ɹəns/ **Frequency rank:** 1983 ## Meanings 1. An agreement in which you pay a company money so that they will pay you if something bad happens, such as an accident or illness. 2. The business of providing such agreements. 3. Something you do to protect yourself against a possible problem in the future. ## Examples - My car was wrecked, but luckily I had insurance. - After years in banking, she switched to insurance. - I took an umbrella as insurance against the rain. ## Derived Forms - coinsurance - insurancelike - insurancer - insure - insurer - insurtech - interinsurance - microinsurance - noninsurance - overinsurance - reinsurance - self-insurance ## Related Forms - actuary - annuity - broker - float - underwriter ## Etymology From the older form ensurance, see also assurance. By surface analysis, insure + -ance. ## AI Etymology Insurance comes from the older form ensurance, see also assurance. By surface analysis, insure + -ance. The analysis is mainly morphological: the modern nominal form is built from the named base and affix. ## Topics - Business & Commerce - Money & Finance markdown