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).
Compare "insurance" with another word →
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.