2024年11月26日 · 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, …

INSURANCE meaning: 1. an agreement in which you pay a company money and they pay your costs if you have an accident…. Learn more.

The meaning of INSURANCE is coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril. How to use insurance in …

Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a …

2025年2月5日 · insurance, a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to render services to the insured in the …

INSURANCE definition: 1. an agreement in which you pay a company money and they pay your costs if you have an accident…. Learn more.

2023年3月31日 · Insurance Definition. Insurance is an agreement between an individual policy (or a business) and an insurance company. Under this agreement, the policyholder pays …

Insurance meaning is a legal contract between two parties – the insurance company (insurer) and the individual (insured), wherein the insurance company promises to compensate for financial …

Insurance is an agreement between a person and a company, where the company helps cover costs if something goes wrong, like an accident or damage. In exchange, the person pays …

5 天之前 · For example, a homeowner’s insurance policy may cover property damage up to $300,000 with a $1,000 deductible. Key Parties. The primary parties in an insurance contract …