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Monday, November 25th, 2024
the Week of Christ the King / Proper 29 / Ordinary 34
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Bible Dictionaries
Insurance

Webster's Dictionary

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(1):

(n.) A guaranty, security, or pledge; assurance.

(2):

(n.) The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6.

(3):

(n.) The premium paid for insuring property or life.

(4):

(n.) The sum for which life or property is insured.

Bibliography Information
Webster, Noah. Entry for 'Insurance'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​i/insurance.html. 1828.
 
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