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insurance

noun
/ɪnˈʃʊərəns/

Meaning

An arrangement by which a company provides compensation for loss, damage, or illness in return for a premium.

Example Sentences

He bought health insurance to cover medical expenses.

Example Expressions

life insurance

Synonyms

coverage, protection, assurance, indemnity

Antonyms

risk, uncertainty, danger

Collocations

health insurance, car insurance, insurance policy, buy insurance

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