Insurance - synonyms and encylclopedia

Last article was about insurance in Latvia (check it out). But in that article I forgot to mention what insurance is in general and how it is divided by types.

In this article I cover:

• Definition
• Insurance - word from encyclopedia
• Types of insurance
• And one secret I am going to do

Definition

In one word definition of insurance is protection or security. More broader following synonyms describe insurance - allowance, assurance, backing, cover, coverage, guarantee, indemnification, indemnity, provision, safeguard, support, warrant, warranty.
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