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English definition of “insurance”

insurance

noun [U] uk   /ɪnˈʃɔː.rəns/ us    /-ˈʃɔːr.əns/
B2 an agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc.: life/health/car/travel insurance I'll need to take out extra car insurance for another driver. The insurance doesn't cover you for (= include) household items.
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Insurance
(Definition of insurance from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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