insurance

Universal Words noun 1 [U,C] ~ (against sth) 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 sth: life / car / travel / household insurance * to have adequate insurance cover * to take out insurance against fire and theft * insurance premiums (= the regular payments made for insurance) * Can you claim for the loss on your insurance? seealsoNATIONALINSURANCE 2 [U] the business of providing people with insurance: an insurance broker / company * He works in insurance. 3 [U] money paid by or to an insurance company: to pay insurance on your house * When her husband died, she received ｣50000 in insurance. 4 [U,C] ~ (against sth) something you do to protect yourself against sth bad happening in the future: At that time people had large families as an insurance against some children dying.