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insurance - definition of insurance - A promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect the ... http://www.investorwords.com/2510/insurance.html
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in·sur·ance [ in sh?r?nss] noun : Definition: 1. financial protection against loss or harm: an arrangement by which a company gives customers financial protection against loss ... http://encarta.msn.com/dictionary_/insurance.html
noun. an insuring or being insured against loss; a system of protection against loss in which a number of individuals agree to pay certain sums (premiums) periodically for a ... http://www.yourdictionary.com/insurance
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