Definition of Insurance
a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.; a thing providing protection against a possible eventuality
Examples of Insurance in a sentence
It’s recommended that renters get insurance on their belongings in case of a robbery. 🔊
The company provided medical and dental insurance for all of the employees. 🔊
Because Candice had an extremely rare disease, her medication wasn’t covered by insurance and she had to pay thousands of dollars a month for treatment. 🔊
The elderly man’s top of the line vision insurance paid for his cataract surgery. 🔊
Most employees have money taken out of their paychecks every month to pay for medical insurance. 🔊
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