insurance
UK: ɪnˈʃʊərəns | US: ɪnˈʃʊrəns
n. a contractual arrangement providing financial protection against loss or harm in exchange for regular payments
n. the act or business of insuring persons or property
n. a measure taken to safeguard against potential risks
insurance = in<into> + sure<secure> + ance<noun suffix>
- in (prefix): from Latin in-, meaning "into" or "upon."
- sure (root): from Latin securus, meaning "secure" or "free from care."
- ance (suffix): from Latin -antia, forming nouns indicating a state or action.
Etymology Origin:
The word insurance traces back to the Latin securus (secure), combined with the prefix in- (into) and the noun-forming suffix -ance. Originally, it referred to the act of making something secure or guaranteed. Over time, it evolved into its modern meaning of financial protection against risks, reflecting the concept of transferring uncertainty to a contractual agreement.
She purchased travel insurance before her trip abroad.
The company offers health insurance to all full-time employees.
Homeowners insurance covers damage caused by natural disasters.
He filed a claim with his car insurance after the accident.
The new policy includes life insurance and disability coverage.