Lexeme: insurance  
Inferred
Definition:
  1. noun. Insurance is a contract between an individual or organization and an insurance company, where the insured pays premiums in exchange for financial protection against potential losses or damages. It provides a safety net by spreading out the risk and offering compensation in case of unforeseen events or accidents. GPT3.5
Word Forms:
  • noun. insurance (singular), insurances (plural)
Synonyms:
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Abstraction:
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Related Concepts:
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Policy Examples:
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