Sunday, April 5, 2009

INSURANCE

    1. The act, business, or system of insuring.
    2. The state of being insured.
    3. A means of being insured.
    1. Coverage by a contract binding a party to indemnify another against specified loss in return for premiums paid.
    2. The sum or rate for which such a contract insures something.
    3. The periodic premium paid for this coverage.
  3. A protective measure: biking helmets that provide insurance against a head injury.
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