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taking out an insurance policy

См. также в других словарях:

  • self-insurance — /self ɪn ʃυərəns/ noun insuring against a probable future loss by putting money aside regularly, rather than by taking out an insurance policy …   Dictionary of banking and finance

  • insurance — /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

  • insurance — 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

  • insurance — noun ADJECTIVE ▪ comprehensive ▪ fully comprehensive car insurance ▪ adequate ▪ additional ▪ long term, short term …   Collocations dictionary

  • credit insurance —    Insurance against the risk of nonpayment of a commercial debt. Lenders often require this insurance. If the borrower dies or becomes disabled, or a business becomes insolvent, before the loan is paid off, the policy will pay the remaining… …   Business law dictionary

  • Insurance Regulatory and Development Authority — The Insurance Regulatory and Development Authority (IRDA) is a national agency of the Government of India, based in Hyderabad. It was formed by an act of Indian Parliament known as IRDA Act 1999, which was amended in 2002 to incorporate some… …   Wikipedia

  • Health insurance — is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll …   Wikipedia

  • Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

  • Co-insurance — is an insurance related term that describes a splitting or spreading of risk among multiple parties. Contents 1 In the United States 1.1 In health insurance 1.2 In property insurance 1.3 …   Wikipedia

  • McGee v. International Life Insurance Co. — McGee v. International Life Insurance Co. Supreme Court of the United States Argued November 20, 1957 …   Wikipedia

  • Lenders mortgage insurance — (LMI), also known as Private mortgage insurance (PMI) in the US, is insurance payable to a lender or trustee for a pool of securities that may be required when taking out a mortgage loan. It is insurance to offset losses in the case where a… …   Wikipedia

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