- insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
--1 is a kind of security, protection
--1 has particulars:Derived form: verb insure3 - policy, insurance policy, insurance - written contract or certificate of insurance; "you should have read the small print on your policy"
--2 is a kind of contract
--2 has particulars: floater, floating policy - indemnity, insurance - protection against future loss
--3 is a kind of protection, shelter
Derived form: verb insure4