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A guaranty, security, or pledge; assurance. [Obs.] The most acceptable insurance of the divine protection. Mickle. Accident insurance, insurance against pecuniary loss by reason of accident to the person. -- Endowment insurance or assurance, a combination of life insurance and investment such that if the person upon w…

One who effects insurance; an insurer; an underwriter. [Obs.] Dryden. hose bold insurancers of deathless fame. Blair.

Insurance jointly with another or others; specif., that system of fire insurance in which the insurer is treated as insuring himself to the extent of that part of the risk not covered by his policy, so that any loss is apportioned between him and the insurance company on the principle of average, as in marine insurance…

Insurance a second time or again; renewed insurance.

Insurance for a specified term providing for no payment to the insured except upon losses during the term, and becoming void upon its expiration.

Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or full tontine, plan, all benefits were forfeited on lapsed policies, on the policies of those who died within the tontine period only the face of the policy was paid without any share of the surplus, and the su…

Wildcat insurance.

The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.

Insurance; a contract for the payment of a sum on occasion of a certain event, as loss or death.

A society or association formed for mutual insurance, as among tradesmen or in labor unions, to provide for relief in sickness, old age, and for the expenses of burial. Usually called friendly society in Great Britain.

er, one who buys and sells uncurrent money, and deals in exchanges relating to money. -- Insurance broker, one who is agent in procuring insurance on vessels, or against fire. -- Pawn broker. See Pawnbroker. -- Real estate broker, one who buys and sells lands, and negotiates loans, etc., upon mortgage. -- Ship brok…

stock; a farm carries a mortgage; a broker carries stock for a customer; to carry a life insurance. Carry arms (Mil. Drill), a command of the Manual of Arms directing the soldier to hold his piece in the right hand, the barrel resting against the hollow of the shoulder in a nearly perpendicular position. In this posit…

ing on some enterprise or business; a corporation; a firm; as, the East India Company; an insurance company; a joint-stock company.

e excess of premiums and interest earned thereon over the expenses of management, cost of insurance, and the policy value at the date of computation. This excess is called the contribution of the policy.

The aggregate of risks covered by the terms of a contract of insurance.

appointed to manage the affairs of a company or corporation; as, the directors of a bank, insurance company, or railroad company. What made directors cheat in South-Sea year Pope.

A table of mortality computed from the experience of one or more life-insurance companies.

by heat. -- Fire gilt (Fine Arts), gold laid on by the process of fire gilding. -- Fire insurance, the act or system of insuring against fire; also, a contract by which an insurance company undertakes, in consideration of the payment of a premium or small percentage -- usually made periodically -- to indemnify an own…

Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty. Having first obtained a promise of indemnity for the riot they had committed. Sir W. Scott.

t, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and somet…