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English to English noun
| 1 |
promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company |  | source: wordnet30
| 2 |
written contract or certificate of insurance | | Example: you should have read the small print on your policy
source: wordnet30
| 3 |
protection against future loss | | source: wordnet30
| 4 |
The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6. | | source: webster1913
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