WebMeaning of insurer in English. insurer. noun [ C ] us / ɪnˈʃʊr.ɚ / uk / ɪnˈʃɔː.rə r/. a person or company that insures someone or something: Please contact your insurer if you have any … WebJun 29, 2024 · Definition and Example of Insurance. Insurance is a way to protect yourself from potential financial losses. It’s a contract between you and an insurance company in which you agree to pay a premium in exchange for the company's promise to pay a set amount of money if you experience a covered event. Insurance is commonly used to …
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Webinsurer noun [ C ] uk / ɪnˈʃɔː.rə r/ us / ɪnˈʃʊr.ɚ / a person or company that insures someone or something: Please contact your insurer if you have any questions. SMART Vocabulary: … WebAug 2, 2024 · An insurance premium is a sum you pay periodically to keep your insurance policy active and in force. Depending on your insurer and the type of policy you have, you can make payments monthly,... main language spoken in costa rica
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WebMar 31, 2024 · Insurance Definition Insurance is an agreement between an individual policy (or a business) and an insurance company. Under this agreement, the policyholder pays premiums to the insurer in exchange for financial compensation in the event of a … Webverb us / ɪnˈʃʊr / uk / ɪnˈʃɔː r/ [ I or T, usually + adv/prep ] to protect yourself against risk by regularly paying a special company that will provide a fixed amount of money if you are … WebInsurance is a contractual agreement between the insurance company (insurer) and the insured (policyholder). The insurer agrees to compensate the insured for financial losses caused by specific events in the future. In exchange, the insured pays the premium periodically. Its different type includes life, health, auto, and travel insurance. mainline 629e-cp