noun
insurance
ihn-SHAW-ruhns
noun
1
An arrangement where you pay a company regularly so it covers you financially if something bad happens.
"They took out car insurance before their first road trip."
"Health insurance covered most of the hospital bill."
2
Any action taken in advance to protect against a possible future problem.
"He kept a spare key as insurance against getting locked out."
How to Use Insurance
Learner’s notesIn plain EnglishA financial safety net you pay into in case something goes wrong, or more loosely, any precaution.
Common pairings
health insurance
car insurance
insurance policy
take out insurance
Word Forms
insurances plural
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They took out car _____ before their first road trip.
Etymology
From the older form "ensurance," related to "assurance" — ultimately from insure + -ance.