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insurance

Noun

Meaning

• A practice or arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death.

Examples

• Health insurance covers medical expenses.

• Car insurance is mandatory in many countries.

• Buying travel insurance is a wise decision.

insurance

Noun

Meaning

• A practice or arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death.

Examples

• Health insurance covers medical expenses.

• Car insurance is mandatory in many countries.

• Buying travel insurance is a wise decision.