Insurance Vocabulary Set in Finance And Banking: Full and Detailed List
The 'Insurance' vocabulary set in 'Finance And Banking' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...
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/ɪnˈʃɝː.əns/
Example:
I need to get car insurance before I can drive.
/ˈlaɪf ɪnˌʃʊr.əns/
Example:
He took out a life insurance policy to protect his family.
/ˈhelθ ɪnˌʃʊr.əns/
Example:
Do you have health insurance?
/ˈɑː.t̬oʊ ɪnˌʃʊr.əns/
Example:
You need to get auto insurance before you can drive the new car.
/ˈhoʊm ɪnˌʃʊr.əns/
Example:
We need to renew our home insurance policy next month.
/ˈtræv.əl ɪnˌʃʊr.əns/
Example:
Always buy travel insurance before you go on an international trip.
/ɪnˈʃʊr.əns ˌpɑːl.ə.si/
Example:
Make sure you read your insurance policy carefully before signing.
/ˈpriː.mi.əm/
Example:
There's a premium for express delivery.
/dɪˈdʌk.tə.bəl/
Example:
My car insurance has a $500 deductible.
/kleɪm/
Example:
He claims to be a direct descendant of the king.
/ɪnˈʃʊrd/
Example:
Make sure your car is fully insured before you drive it.
/ɪnˈʃʊr.ɚ/
Example:
The insurer paid out the claim after the car accident.
/ˈʌndərˌraɪtɪŋ/
Example:
The bank's underwriting department carefully reviewed the loan application.
/ˈæk.tʃu.er.i/
Example:
The insurance company hired a new actuary to assess their risk portfolio.
/ˈrɪsk əˌses.mənt/
Example:
The company conducted a thorough risk assessment before launching the new product.
/ɪnˈdem.nə.t̬i/
Example:
The company provided indemnity against any losses incurred.
/frɑːd/
Example:
He was arrested for committing credit card fraud.
/ˈkʌv.ɚ.ɪdʒ/
Example:
The news channel provided extensive coverage of the election.
/ɪkˈskluː.ʒən/
Example:
The exclusion of certain ingredients makes this dish suitable for vegans.
/ˈɡreɪs ˌpɪr.i.əd/
Example:
The bill is due on the 1st, but there's a 10-day grace period.
/rɪˈnuː.əl/
Example:
I need to process the renewal of my passport before my trip.
/ˈtɜːrm ɪnˌʃʊr.əns/
Example:
Many young families choose term insurance for its affordability.
/əˈnjuː.ə.t̬i/
Example:
She receives an annuity from her retirement fund.
/ˌsʌb.rəˈɡeɪ.ʃən/
Example:
The insurance company exercised its right of subrogation after paying the claim.
/ˌriː.ɪnˈʃʊr.əns/
Example:
The company decided to purchase reinsurance to mitigate its exposure to catastrophic events.
/ɪnˈʃʊr.əns ˌbroʊ.kər/
Example:
I consulted an insurance broker to compare different health insurance plans.
/ɪnˈʃʊr.əns ˌeɪ.dʒənt/
Example:
I spoke to my insurance agent about getting a new car policy.
/ɪnˈʃʊr.əns əˈdʒʌs.tər/
Example:
The insurance adjuster came to assess the damage after the car accident.
/ˈʌn.dɚˌraɪ.t̬ɚ/
Example:
The insurance underwriter assessed the risk of the new policy.
/ˈraɪ.dɚ/
Example:
The experienced horse rider guided her mare through the obstacle course.
/ˈæk.sɪ.dənt ɪnˌʃʊr.əns/
Example:
He took out accident insurance before his trip.
/dɪˈsæbɪləti ɪnˈʃʊrəns/
Example:
Many employers offer disability insurance as part of their benefits package.
/ˈɡruːp ɪnˈʃʊr.əns/
Example:
Many companies offer group insurance as part of their employee benefits package.
/ˌself.ɪnˈʃʊr.əns/
Example:
Many large corporations opt for self-insurance to manage their employee health benefits.
/ˈflʌd ɪnˌʃʊr.əns/
Example:
Many homeowners in coastal areas are required to have flood insurance.
/ˌnoʊ ˈkleɪmz ˌboʊ.nəs/
Example:
I got a significant no-claims bonus on my car insurance this year.
/ɪkˈses/
Example:
The company produced an excess of goods, leading to storage problems.
/ɪnˈʃʊrəbl rɪsk/
Example:
The damage from the hailstorm was considered an insurable risk.
/ˈrɪsk ˌmæn.ədʒ.mənt/
Example:
Effective risk management is crucial for business success.
/ɪnˈʃʊr.əns ˈkʌm.pə.ni ˈreɪ.tɪŋ/
Example:
Before choosing a policy, always check the insurance company rating to ensure financial stability.