INSURANCE 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.
SUCCESSFUL a.
Resulting in success; assuring, or promotive of, success; accomplishing what was proposed; having the desired effect; hence, prosperous; fortunate; happy; as, a successful use of medicine; a successful experiment; a successful enterprise. Welcome, nephews, from successful wars. Shak.