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Insurance company meaning in english

Written by Bruce Oct 10, 2021 · 8 min read
Insurance company meaning in english

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Contracts of insurance are uberrimae fidei, requiring. (however, there are some times when the company will not have to pay money back, such as if the person was not careful.) Insurance company slogans live a long life with protection. The state of being insured. Term insurance is the cheapest way of buying live insurance.

Insurance Company Meaning In English. Assignment can also be done in favour of a close relative when the policyholder wishes to give a gift to that relative. The act, business, or system of insuring. Insurance money definition, meaning, english dictionary, synonym, see also �insurance�,insurance policy�,accident insurance�,fire insurance�, reverso dictionary. In this post, you will find 77+ insurance company slogans & taglines.


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Insurance is a means of protection from financial loss. From the american heritage® dictionary of the english language, 5th edition. An agreement in which you pay a company money and they pay your costs if you have an accident…. Paid to people or companies so concerned about hazards that they have made prepayments to an insurance company. Insurance is a term in law and economics. Insurance a contract under which one party (the insurer), in consideration of receipt of a premium, undertakes to pay money to another person (the assured) on the happening of a specified event (as, for example, on death or accident or loss or damage to property).

An arrangement in which a company collects premium s (=regular payments) from a person or organization and in return agrees to pay them a sum of money if they are involved in an accident, have something stolen, or cause harm or injury to others.

An arrangement in which a company collects premium s (=regular payments) from a person or organization and in return agrees to pay them a sum of money if they are involved in an accident, have something stolen, or cause harm or injury to others. This is the british english definition of insurance. Noun a means of being insured.; Noun an arrangement or agreement that protects someone from incurring future losses, as from damage, theft, illness, or death, especially a contract that transfers the risk of a specified loss to another. Maggie loves maths so she�s thinking of becoming an actuary. Private insurance accounts for about 35 per cent of healthcare in the us.;


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A building, car etc] the assessor said our house is worth over $200,000. We go where you go. This protection, therefore, guarantees reimbursement from an insurance company. Paid to people or companies so concerned about hazards that they have made prepayments to an insurance company. (however, there are some times when the company will not have to pay money back, such as if the person was not careful.)

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A building, car etc] the assessor said our house is worth over $200,000. A building, car etc] the assessor said our house is worth over $200,000. A person who calculates risks for insurance companies. Insurance a contract under which one party (the insurer), in consideration of receipt of a premium, undertakes to pay money to another person (the assured) on the happening of a specified event (as, for example, on death or accident or loss or damage to property). (however, there are some times when the company will not have to pay money back, such as if the person was not careful.)

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This protection, therefore, guarantees reimbursement from an insurance company. Noun an arrangement or agreement that protects someone from incurring future losses, as from damage, theft, illness, or death, especially a contract that transfers the risk of a specified loss to another. How to use insurance in a sentence. Noun the act, business, or system of insuring.; The state of being insured.

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After the term stated in original contract expires, the sum of money paid to insurance company will need to be renegotiated and will often increase. Maggie loves maths so she�s thinking of becoming an actuary. From the american heritage® dictionary of the english language, 5th edition. Life insurance is a form of insurance in which a person makes regular payments to an. How to use insurance in a sentence.

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An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.a person or entity who buys insurance is known as an insured or as a policyholder. Contracts of insurance are uberrimae fidei, requiring. Insurance company slogans live a long life with protection. An agreement in which you pay a company money and they pay your costs if you have an accident…. Noun the state of being insured.;

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[uncountable, countable] an arrangement with a company in which you pay them regular amounts of money and they agree to pay the costs, for example, if you die or are ill, or if you lose or damage something health/medical insurance; A company that sells insurance: Life insurance is a form of insurance in which a person makes regular payments to an. These rules tend to defeat the very essence of insurance i.e. Insurance definition, the act, system, or business of insuring property, life, one�s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved.

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Insurance is defined as a contract, which is called a policy, in which an individual or organisation receives financial protection and reimbursement of damages from the insurer or the insurance company. Assignment can also be done in favour of a close relative when the policyholder wishes to give a gift to that relative. From its past claims record, the company actuary can ascertain the probability of a particular event occurring (for example, a fire) and can assess the average financial loss associated with each event. Insurance firm, insurance underwriter, insurer, underwriter. A building, car etc] the assessor said our house is worth over $200,000.

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In exchange for this, if something bad happens to the person or thing that is insured, the company that sold the insurance will pay money back. A company that sells insurance: After the term stated in original contract expires, the sum of money paid to insurance company will need to be renegotiated and will often increase. A person who calculates risks for insurance companies. Insurance synonyms, insurance pronunciation, insurance translation, english dictionary definition of insurance.

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How to use insurance in a sentence. It is a contract that provides protection to an entity against a loss. Contracts of insurance are uberrimae fidei, requiring. Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. The act, business, or system of insuring.

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Life insurance is a form of insurance in which a person makes regular payments to an. After the fire, they were able to rebuild their house with the insurance. Noun an arrangement or agreement that protects someone from incurring future losses, as from damage, theft, illness, or death, especially a contract that transfers the risk of a specified loss to another. We want you to […] Insurance money definition, meaning, english dictionary, synonym, see also �insurance�,insurance policy�,accident insurance�,fire insurance�, reverso dictionary.

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After the fire, they were able to rebuild their house with the insurance. The term insurance is pretty straightforward. Noun a means of being insured.; Paid to people or companies so concerned about hazards that they have made prepayments to an insurance company. The state of being insured.

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