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Insurance

King James Dictionary

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INSU'RANCE, n. from insure. The act of insuring or assuring against loss or damage or a contract by which one engages for a stipulated consideration or premium per cent to make up a loss which another may sustain. Insurance is usually made on goods or property exposed to uncommon hazard, or on lives.

Insurance company, a company or corporation whose business is to insure against loss or damage.

Bibliography Information
Entry for 'Insurance'. King James Dictionary. https://www.studylight.org/​dictionaries/​eng/​kjd/​i/insurance.html.
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