'Insurance company' definitions:
Definition of 'insurance company'
From: WordNet
noun
A financial institution that sells insurance [syn: insurance company, insurance firm, insurer, insurance underwriter, underwriter]
Definition of 'Insurance company'
From: GCIDE
- Insurance \In*sur"ance\, n. [From Insure.] [1913 Webster]
- 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6. [1913 Webster]
- Note: The person who undertakes to pay in case of loss is termed the insurer; the danger against which he undertakes, the risk; the person protected, the insured; the sum which he pays for the protection, the premium; and the contract itself, when reduced to form, the policy. --Johnson's Cyc. [1913 Webster]
- 2. The premium paid for insuring property or life. [1913 Webster]
- 3. The sum for which life or property is insured. [1913 Webster]
- 4. A guaranty, security, or pledge; assurance. [Obs.] [1913 Webster]
- The most acceptable insurance of the divine protection. --Mickle. [1913 Webster]
- 5. Hence: Any means of assuring against loss; a precaution; as, we always use our seat belts as insurance against injury. [PJC]
- Accident insurance, insurance against pecuniary loss by reason of accident to the person.
- Endowment insurance or Endowment assurance, a combination of life insurance and investment such that if the person upon whose life a risk is taken dies before a certain specified time the insurance becomes due at once, and if he survives, it becomes due at the time specified. Also called whole life insurance.
- Fire insurance. See under Fire.
- Insurance broker, a broker or agent who effects insurance.
- Insurance company, a company or corporation whose business it is to insure against loss, damage, or death.
- Insurance policy, a certificate of insurance; the document containing the contract made by an insurance company with a person whose property or life is insured.
- Life insurance. See under Life. [1913 Webster]
Synonyms of 'insurance company'
From: Moby Thesaurus
- accident insurance,
- actuary,
- annuity,
- assurance,
- aviation insurance,
- bail bond,
- bond,
- business life insurance,
- casualty insurance,
- certificate of insurance,
- court bond,
- credit insurance,
- credit life insurance,
- deductible,
- endowment insurance,
- family maintenance policy,
- fidelity bond,
- fidelity insurance,
- flood insurance,
- fraternal insurance,
- government insurance,
- health insurance,
- industrial life insurance,
- insurance,
- insurance agent,
- insurance broker,
- insurance man,
- insurance policy,
- interinsurance,
- liability insurance,
- license bond,
- limited payment insurance,
- major medical insurance,
- malpractice insurance,
- marine insurance,
- mutual company,
- ocean marine insurance,
- permit bond,
- policy,
- robbery insurance,
- social security,
- stock company,
- term insurance,
- theft insurance,
- underwriter