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IELTS BNC: 1347 COCA: 1197

insurance

Word family
Related topics: Insurance
in·sur·ance /ɪnˈʃʊərəns $ -ˈʃʊr-/ ●●● S2 W2 noun  
1 [uncountableU]BFI an arrangement with a company in which you pay them money, especially regularly, and they pay the costs if something bad happens, for example if you become ill or your car is damaged 保险 assurance, third party insurance
 Your father took out insurance to cover the mortgage.
你父亲购买了抵押借款保险。
health/car/travel etc insurance 健康/汽车/旅游等保险
insurance against
 insurance against loss of income due to unemployment
失业造成的收入损失保险
insurance on/for
 Do you have insurance on your house and its contents?
你买住房和家庭财产险了吗?
claim (for) something on your insurance (=get an insurance company to pay for something) 向保险公司索赔某物
 We can probably claim the damage on our insurance.
我们也许可以向保险公司索赔损失。
life insurance
2 [uncountableU]BFI the business of providing insurance 保险业
 My brother works in insurance.
我的兄弟从事保险业。
insurance company/group etc
 the insurance industry
保险业
3 [uncountableU]BFI British EnglishBrE the money that you pay regularly to an insurance company 保险费 SYN insurance premium
insurance on
 How much is the insurance on your car?
你车子的保险费是多少?
4 [singular, uncountableU]PROTECT protection against something bad happening 保障;预防措施
insurance against
 An extra lock on the door is an added insurance against burglars.
门上再加一把锁是额外的防盗保障。
National Insurance
nCOLLOCATIONS
ADJECTIVES/NOUN + insurance
health/medical insurance
None of her family have private health insurance.
travel insurance
Most banks are also able to arrange travel insurance.
car/motor insurance
He was fined for driving without motor insurance.
house/home insurance
The damage may be covered by your house insurance.
life insurance
Surprisingly few families have adequate life insurance.
accident insurance
You also get free travel accident insurance if you pay for your tickets with a credit card.
comprehensive insurance (=car insurance that pays for damage whether it is caused by you or by someone else)
The cost of comprehensive insurance is likely to drop.
third-party insurance (=insurance that pays money to someone who is hurt or whose property is damaged by something you have done)
You are legally obliged to take out third-party insurance.
insurance + NOUN
an insurance policy (=an insurance agreement)
This insurance policy represents excellent value for money.
an insurance claim
She filed an insurance claim for the missing jewellery.
an insurance company
Rachel works for an insurance company.
an insurance broker (=a company or person that arranges and sells insurance to people)
Bellingham practised as an insurance broker.
an insurance scheme
The costs involved in private medical insurance schemes have risen steeply.
an insurance premium (=money that you pay regularly to an insurance company)
Your insurance premium is payable when you make your holiday booking.
an insurance payment
He'd fallen behind with his insurance payments.
an insurance certificate/a certificate of insurance
The courts recognize the insurance certificate as evidence of being insured.
insurance cover
The scheme provides full insurance cover for pre-existing medical conditions.
insurance fraud
Insurance fraud costs the industry millions of pounds each year.
an insurance salesman
He offered me a post as a life insurance salesman.
the insurance industry
The insurance industry is very competitive.
verbs
have insurance (=have an insurance policy)
Do you have insurance on your yacht?
be covered by insurance (=be included in an insurance policy)
Flood damage isn't covered by the insurance.
take out insurance (=buy an insurance policy)
We decided to take out insurance on the house and its contents.
get insurance informal:
I'm thinking of getting house insurance.
buy insurance
You can buy insurance against risks of all kinds.
claim something on your insurance (=get an insurance company to pay for something)
He claimed the money back on his travel insurance.
arrange insurance
A finance company will be able to arrange insurance for you.
sell insurance
The company sells insurance alongside its electrical products.
insurance covers something
The insurance covered the cost of rebuilding the house after the fire.
insurance pays for something
His insurance paid for the damage to the car.
Examples from the Corpus
From Longman Business Dictionary
insurancein·sur·ance /ɪnˈʃʊərəns-ˈʃʊr-/ noun
1[countableC, uncountableU]INSURANCE an arrangement in which a company collects PREMIUMs (=regular payments) from a person or organization and in return agrees to pay them a sum of money if they are involved in an accident, have something stolen, or cause harm or injury to others. The four main classes of insurance are ACCIDENT, LIFE, FIRE, and MARINE INSURANCE
Insurance is the only major financial service regulated by states, rather than the federal government.
insurance against
Insurance against stealing by employees is a multi-billion dollar expense.
The insurance covers you against injury to visitors while on your property.
The company has taken out insurance to indemnify its directors against liability when acting for the Group.
Can you claim on your household insurance if your bike is stolen?
When you want to insure something or take outinsurance (=arrange to have it), you contact an insurance company or an insurance broker who can sell you an insurance policy. If you are covered (=insured) against injury, theft, damage, etc. you can make a claim (=ask for payment from the insurance company) if something bad happens. A claimant is someone who does this. An adjuster or loss adjuster is the person whose job is to assess the value of loss or damage when someone has claimed on their insurance policy.
accident insurance agreed-value insurance all-risks insurance annuity insurance automobile insurance aviation insurance blanket insurance block insurance buildings and contents insurance business interruption insurance business liability insurance business life and health insurance car insurance casualty insurance comprehensive insurance contingency insurance credit insurance declaration insurance deposit insurance disability insurance double insurance engineering insurance export insurance fidelity insurance fire insurance floating insurance flood insurance group insurance health insurance homeowner's insurance household insurance income insurance industrial injuries insurance liability insurance life insurance marine insurance medical insurance mortgage protection insurance motor insurance national insurance open insurance property and liability insurance social insurance term insurance third party, fire and theft insurance travel insurance unemployment insurance valued insurance whole-life insurance
2[uncountableU]INSURANCE the money paid regularly to an insurance companySYN INSURANCE PREMIUM
We have paid home insurance for the last 25 years and have never made a claim.
3insurances [plural]FINANCE shares in insurance companies
Mining stocks advanced and insurances also did well.
in·sur·ance nounn COLLOCATIONS1
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