insurance

word

/ˌɪnˈʃʊɹəns/
in-SHOOR-uhns
/ɪnʃˈɔːɹəns/
in-SHAW-ruhns

Definition

Insurance is an arrangement in which you pay money to a company so that it will pay costs or losses if something bad happens, such as an accident, illness, or damage.

Usage & Nuances

Common types are 'health insurance', 'car insurance', and 'home insurance'. 'Insurance' is usually uncountable in general use, so we say 'I need insurance', not usually 'an insurance'. It often appears with verbs like 'buy', 'get', 'have', 'offer', and 'cover'.

Example Sentences

Do you have travel insurance?

basic

We need insurance for our new car.

basic

Her job offers health insurance.

basic

The repairs were expensive, but luckily my insurance covered most of it.

natural

I'm shopping around for cheaper insurance before I renew my policy.

natural

Without insurance, one hospital visit could cost a fortune.

natural