Insurance
/ɪnˈʃʊərəns/noun
A financial arrangement to provide protection against risk or loss.
Did you know?The roots of 'insurance' trace back to a time when merchants would invoke the gods for protection against perilous voyages, turning risk into a form of spiritual contract.
Etymological Timeline
Latin
Latin
securare
“to make safe, free from care”
Old French
Old French
ensurer
“to make sure, secure”
14th Century
Middle English
ensurans
“the act of making sure or securing”
Modern English
English
insurance
“a system of protection against financial loss”