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insurance

insurance is defined in Webster's Unabridged Dictionary (1913) with 3 senses. The full text of each entry is reproduced verbatim below.

Definitions

  1. 1.The premium paid for insuring property or life.
  2. 2.The sum for which life or property is insured.
  3. 3.A guaranty, security, or pledge; assurance. [Obs.] The most acceptable insurance of the divine protection. Mickle. Accident insurance, insurance against pecuniary loss by reason of accident to the person. -- Endowment insurance or assurance, a combination of life insurance and investment such that if the person upon whose life a risk is taken dies before a certain specified time the insurance becomes due at once, and if he survives, it becomes due at the time specified. -- Fire insurance. See under Fire. -- Insurance broker, a broker or agent who effects insurance. -- Insurance company, a company or corporation whose business it is to insure against loss, damage, or death. -- Insurance policy, a certificate of insurance; the document containing the contract made by an insurance company with a person whose property or life is insured. -- Life insurance. See under Life.

Source: Webster's Unabridged Dictionary, 1913 edition (public domain, via GCIDE / Project Gutenberg).

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