insurance against loss of damage

  • 1insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …

    Black's law dictionary

  • 2insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …

    Black's law dictionary

  • 3insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… …

    Financial and business terms

  • 4insurance — in|sur|ance [ ın ʃurəns ] noun *** 1. ) uncount an arrangement in which you regularly pay an insurance company an amount of money so that they will give you money if something you own is damaged, lost, or stolen, or if you die or are sick or… …

    Usage of the words and phrases in modern English

  • 5insurance */*/*/ — UK [ɪnˈʃʊərəns] / US [ɪnˈʃʊrəns] noun 1) a) [uncountable] an arrangement in which you regularly pay an insurance company an amount of money so that they will give you money if something you own is damaged, lost, or stolen, or if you die or are… …

    English dictionary

  • 6insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or …

    Law dictionary

  • 7Insurance — 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… …

    The Collaborative International Dictionary of English

  • 8Insurance broker — 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… …

    The Collaborative International Dictionary of English

  • 9Insurance company — 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… …

    The Collaborative International Dictionary of English

  • 10Insurance policy — 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… …

    The Collaborative International Dictionary of English

  • 11insurance — in|sur|ance W2S3 [ınˈʃuərəns US ˈʃur ] n 1.) [U] an arrangement with a company in which you pay them money, especially regularly, and they pay the costs if something bad happens, for example if you become ill or your car is damaged →↑assurance,… …

    Dictionary of contemporary English

  • 12loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …

    Black's law dictionary

  • 13loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …

    Black's law dictionary

  • 14against all risks — aˌgainst all ˈrisks abbreviation AAR adverb INSURANCE if something is insured against all risks, it is insured against any kind of loss or damage: • The policy provides protection against all risks. * * * against all risks UK US adverb… …

    Financial and business terms

  • 15Loss of use — is the inability, due to a tort or other injury to use a body part, animal, equipment, premises, or other property. Law.com defines it as the inability to use an automobile, premises or some equipment due to damage to the vehicle, premises or… …

    Wikipedia

  • 16Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …

    Wikipedia

  • 17insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …

    Universalium

  • 18loss — The opposite of gain. Bloomberg Financial Dictionary * * * loss loss [lɒs ǁ lɒːs] noun 1. [countable, uncountable] the fact of no longer having something that you used to have, or having less of it: • loss of earnings through illness ˈjob loss… …

    Financial and business terms

  • 19damage — ▪ I. damage dam‧age 1 [ˈdæmɪdʒ] noun 1. [uncountable] a bad effect on something that makes it weaker or less successful: damage to • The result of this policy will be severe damage to the British economy. 2. [uncountable] physical harm caused to… …

    Financial and business terms

  • 20insurance — A contract whereby one undertakes to indemnify another against loss, damage, or liability arising from an unknown or contingent event. Meyer v Building & Realty Service Co. 209 Ind 125, 196 NE 250, 100 ALR 1442. An agreement by which one person… …

    Ballentine's law dictionary