Insurance

Insurance:
1.The act, business, or system of insuring
The act, the system, insurance companies or property, life, person, etc., against loss or damage caused in certain circumstances, such as fire, accident, death, disability, or similar, in consideration of a payment proportional to the risk involved.
2. Coverage by contract in which one party agrees to reimburse or otherwise compensate for the loss that occurs under the terms of the contract.
3. the contract itself, contained in a printed or written agreement or policy.
4. the amount for which anything is assured.
5. an insurance premium.
6. any means to guarantee against loss or damage

Insurer:
1. Insurance company: a financial institution that sells insurance
2. One who insures

Insured:
1. a person whose interests are protected by an insurance policy, a person who contracts for an insurance policy to compensate the loss of property or life or health etc.
2. covered by insurance
3. A person, or persons, covered by an insurance policy; Covered by an insurance policy

Insurance policy:

a written agreement between the insurer and the insured, in which the insurer agrees to provide the benefit of the insurance agreement in scope if insurable occurrence of an event, and where the policyholder agrees to pay premium. General insurance terms and conditions of the insurance company approved by the supervisory body of insurance companies, which the insurance is concerned, is part of the insurance policy.