insurance : Idioms & Phrases


Accident insurance

  • insurance against pecuniary loss by reason of accident to the person.
Webster 1913

automobile insurance

  • noun insurance against loss due to theft or traffic accidents
    automobile insurance.
WordNet

business interruption insurance

  • noun insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril
WordNet

car insurance

  • noun insurance against loss due to theft or traffic accidents
    automobile insurance.
WordNet

disability insurance

  • noun social insurance for the disabled
WordNet

endowment insurance

  • noun life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
WordNet

Endowment insuranceassurance

  • 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.
Webster 1913

federal deposit insurance corporation

  • noun a federally sponsored corporation that insures accounts in national banks and other qualified institutions
    FDIC.
WordNet

Fire insurance

  • noun insurance against loss due to fire
WordNet
  • the act or system of insuring against fire; also, a contract by which an insurance company undertakes, in consideration of the payment of a premium or small percentage usually made periodically to indemnify an owner of property from loss by fire during a specified period.
Webster 1913

group insurance

  • noun insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group
WordNet

hazard insurance

  • noun insurance that provides protection against certain risks such as storms or fires
WordNet

health insurance

  • noun insurance against loss due to ill health
WordNet

hospitalization insurance

  • noun insurance that pays all or part of a patient's hospital expense
    hospitalization.
WordNet

insurance agent

  • noun an agent who sells insurance
    insurance agent; underwriter; general agent.
WordNet

Insurance broker

  • noun an agent who sells insurance
    insurance agent; underwriter; general agent.
WordNet
  • a broker or agent who effects insurance.
Webster 1913

insurance claim

  • noun demand for payment in accordance with an insurance policy
WordNet

Insurance company

  • noun a financial institution that sells insurance
    insurance company; insurer; underwriter; insurance firm.
WordNet
  • a company or corporation whose business it is to insure against loss, damage, or death.
Webster 1913

insurance coverage

  • noun the total amount and type of insurance carried
    coverage.
WordNet

insurance firm

  • noun a financial institution that sells insurance
    insurance company; insurer; underwriter; insurance firm.
WordNet

Insurance policy

  • noun written contract or certificate of insurance
    policy; insurance.
    • you should have read the small print on your policy
WordNet
  • a certificate of insurance; the document containing the contract made by an insurance company with a person whose property or life is insured.
Webster 1913

insurance premium

  • noun payment for insurance
    premium.
WordNet

insurance underwriter

  • noun a financial institution that sells insurance
    insurance company; insurer; underwriter; insurance firm.
WordNet

liability insurance

  • noun insurance that provides protection from claims arising from injuries or damage to other people or property
WordNet

Life insurance

  • noun insurance paid to named beneficiaries when the insured person dies
    life assurance.
    • in England they call life insurance life assurance
WordNet
  • the act or system of insuring against death; a contract by which the insurer undertakes, in consideration of the payment of a premium (usually at stated periods), to pay a stipulated sum in the event of the death of the insured or of a third person in whose life the insured has an interest.
Webster 1913

malpractice insurance

  • noun insurance purchased by physicians and hospitals to cover the cost of being sued for malpractice
    • obstetricians have to pay high rates for malpractice insurance
WordNet

Marine insurance

  • insurance against the perils of the sea, including also risks of fire, piracy, and barratry.
Webster 1913

Mutual insurance

  • agreement among a number of persons to insure each other against loss, as by fire, death, or accident.
Webster 1913

Mutual insurance company

  • one which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata.
Webster 1913

national insurance

  • noun social insurance program in Britain; based on contributions from employers and employees; provides payments to unemployed and sick and retired people as well as medical services
WordNet

no fault automobile insurance

  • noun a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
    no fault automobile insurance.
    • the amount of litigation resulting from minor accidents is reduced by no fault insurance
WordNet

no fault insurance

  • noun a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
    no fault automobile insurance.
    • the amount of litigation resulting from minor accidents is reduced by no fault insurance
WordNet

old-age insurance

  • noun insurance paid to the elderly
WordNet

ordinary life insurance

  • noun insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
    ordinary life insurance; straight life insurance.
WordNet

self-insurance

  • noun insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy
WordNet

social insurance

  • noun government provision for unemployed, injured, or aged people; financed by contributions from employers and employees as well as by government revenue
WordNet

straight life insurance

  • noun insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
    ordinary life insurance; straight life insurance.
WordNet

survivors insurance

  • noun insurance paid to surviving spouses
WordNet

term insurance

  • noun low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value
    • term insurance is most often associated with life insurance policies
WordNet

tontine insurance

  • noun a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
    tontine.
WordNet

whole life insurance

  • noun insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
    ordinary life insurance; straight life insurance.
WordNet