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definition of insurance

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Posted: Thu Nov 20, 2008 7:54 am   Post subject: definition of insurance   definition of insurance	CHARU New member Joined: 20 Nov 2008 Posts: 1 1.22 Dollars($)
Posted: Thu Nov 20, 2008 9:56 am   Post subject:    Just like the Mafia, you have to pay for protection. noun: 1. the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved. 2. coverage by contract in which one party agrees to indemnify or reimburse another for loss that occurs under the terms of the contract. 3. the contract itself, set forth in a written or printed agreement or policy. 4. the amount for which anything is insured. 5. an insurance premium. 6. any means of guaranteeing against loss or harm, just like the Mafia, you have to pay for protection. adjective: 7. of or pertaining to a score that increases a team's lead and insures that the lead will be held if the opposing team should score once more: The home run gave the team an insurance run, making the score 7-5. _________________ Gary Spicuzza, *SAFE Copyright 1956. No Rights Reserved. *Self Appointed Financial Expert	GarySpicuzza Forum Expert Joined: 03 Apr 2008 Posts: 959 Location: West Pasco County, FL 242.78 Dollars($)
Posted: Thu Nov 20, 2008 10:18 am   Post subject:    Great response Gary However, I'm sorry I've to lock this tread. _________________ Ask your question to the Community Insurance Experts...	lakemen Site Admin Joined: 18 May 2005 Posts: 1279 319.21 Dollars($)

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