1. [ noun ] (finance) 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
Synonyms: coverage
Related terms: security coinsurance self-insurance health_insurance fire_insurance liability_insurance automobile_insurance assurance term_insurance business_interruption_insurance group_insurance hazard_insurance malpractice_insurance life_insurance reinsurance cover
2. [ noun ] (law,writing) written contract or certificate of insurance
Synonyms: policy insurance_policy

"you should have read the small print on your policy"

Related terms: contract floater
3. [ noun ] protection against future loss
Synonyms: indemnity
Related terms: protection insure
Similar spelling:   insurgence