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insurance
noun
-
insurance
an
agreement
in
which
you
pay
money
regularly
to
a
company
,
and
it
promises
to
pay
your
costs
if
something
bad
happens
,
such
as
an
accident
,
illness
,
or
theft
•
After
the
storm
damaged
her
roof
,
Maria
was
glad
she
had
home
insurance
.
After
the
storm
damaged
her
roof
,
Maria
was
glad
she
had
home
insurance
.
•
It's
illegal
to
drive
without
car
insurance
in
many
countries
.
It's
illegal
to
drive
without
car
insurance
in
many
countries
.
Late
17th
century
:
from
insure
+
-ance
,
modeled
on
assurance
.
noun
-
insurance
the
industry
or
business
of
selling
insurance
and
managing
risk
•
She
built
a
successful
career
in
insurance
after
finishing
her
economics
degree
.
She
built
a
successful
career
in
insurance
after
finishing
her
economics
degree
.
•
Insurance
employs
thousands
of
actuaries
who
calculate
probabilities
.
Insurance
employs
thousands
of
actuaries
who
calculate
probabilities
.
Derived
from
the
primary
sense
referring
to
the
contract
,
later
extended
to
the
business
as
a
whole
.
noun
-
insurance
something
you
do
,
keep
,
or
use
as
a
precaution
to
protect
yourself
against
possible
future
loss
or
trouble
•
He
kept
copies
of
important
documents
as
insurance
in
case
the
originals
got
lost
.
He
kept
copies
of
important
documents
as
insurance
in
case
the
originals
got
lost
.
•
Carrying
an
umbrella
is
good
insurance
against
sudden
rain
.
Carrying
an
umbrella
is
good
insurance
against
sudden
rain
.
Figurative
use
developed
from
the
main
sense
of
financial
protection
.