Synonyms for
Insurance
Definition
Insurance is an arrangement in which you pay money to a company, and they pay money to you if something bad happens to you or your things.
Synonyms & similar words
Synonyms by register
Formal
Informal
Antonyms
Common collocations
- health insurance
- car insurance
- life insurance
- home insurance
- insurance policy
- insurance premium
- insurance claim
- insurance company
Word family
Usage note
Insurance refers to a contract where one party agrees to protect another against financial loss. It is often confused with 'assure' (to make certain) and 'ensure' (to make sure something happens).
Example sentences
- I bought insurance for my new phone in case I drop it.
- My parents have health insurance that helps pay for their doctor visits.
- If you have car insurance, the company will pay for the damage if you get in a car accident.
- I have insurance on my house in case of a fire.
- My job offers life insurance as part of our benefits package.
Quotes
Insurance is not about buying protection against divine wrath; it is about buying protection against human error and frailty.
Insurance is like a life jacket. It's a bit of a nuisance when you don't need it, but when you do need it, you're more than thankful to have it.
Insurance is not a commodity like a TV or a smartphone. It's peace of mind.