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  1. NAIC’s consumer insurance glossary provides definitions of common insurance terms, helping consumers easily understand key concepts across health, auto, life, and home insurance. It is helpful for beginners and policyholders seeking explanations.

  2. an 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 out extra car insurance for another driver. The insurance doesn't cover you for (= include) household items.

  3. insurance. [uncountable, countable] an arrangement with a company in which you pay them regular amounts of money and they agree to pay the costs, for example, if you die or are ill, or if you lose or damage something. Private insurance accounts for about 35 per cent of healthcare in the US.

  4. Glossary Of Insurance Terms And Definitions. Insurance can be complicated, but our comprehensive guide to common insurance terms will give you everything you should know about insurance policies, coverages, and basic terminology.

  5. 24 Ιαν 2024 · Insurance is a complex field with a language of its own, but understanding these 50 common insurance terms can help you navigate the world of insurance with confidence. Whether you're looking for auto, health, home, or any other type of insurance, being informed about these terms and concepts is essential to making informed decisions about your ...

  6. 28 Φεβ 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 policies. Life, health,...

  7. Define insurance. insurance synonyms, insurance pronunciation, insurance translation, English dictionary definition of insurance. n. 1. a. The act, business, or system of insuring. b. The state of being insured. c. A means of being insured. 2. a. An arrangement or agreement that...

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