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insurance

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national insurance
/ˈnæʃənəl ɪnˈʃʊərəns/ /ˈnæʃnəl ɪnˈʃʊərəns/

A system of taxes paid by workers and employers, used primarily to fund state benefits.

deviation
/diviˈeɪʃən/

(contract law) The voluntary and unnecessary departure of a ship from, or delay in, the regular and usual course of the specific voyage insured, thus releasing the underwriters from their responsibility.

warrantor
/ˈwɔːrəntɔːr/ /ˈwɑːrəntɔːr/

One making a warrant to the benefit of a warrantee.

insure
insureverb
/ɪnˈʃɔː/ /ɪnˈʃʊɚ/

To make a pledge to (someone); to promise, guarantee (someone of something); to assure.

force majeure
/ˈfɔːs mæˈʒɜː/

An overwhelming force.

registered
registeredadjective
/ˈɹɛdʒ.ɪs.təd/ /ˈɹɛdʒ.ɪs.tɚd/

(mail service) Having a mailed item recorded in a register to enable its location to be tracked, sometimes with added insurance to cover loss.

risque
risquenoun
/rɪˈskeɪ/ /rɪsk/

The magnitude of possible loss consequent to a decision or event.

insurance policies
/ɪnˈʃʊrəns ˈpɑləsiz/ /ɪnˈʃɜrəns ˈpɑləsiz/

A legal document outlining a particular insurance cover for an insured entity for a given risk.

takaful
/tækɑːˈfuːl/ /tɑːkɑːˈfuːl/

A cooperative system of reimbursement in case of loss; a sort of Islamic form of insurance.

safety nets
/ˈseɪfti nets/

(by extension) Anything, such as a governmental program, that provides security against extreme disadvantage or misfortune.

cob
cobnoun
/kɒb/ /kɑb/

Coordination of Benefits

charge description master
/tʃɑːrdʒ dɪˈskrɪpʃən ˈmæstər/

A comprehensive list maintained by a hospital of prices of goods and services it will bill to its patients and their respective health insurers.

protections
/pɹəˈtɛkʃənz/ /pɹoʊˈtɛkʃənz/

The process of keeping (something or someone) safe.

claims adjuster
/kleɪmz əˈdʒʌstər/

A person who investigates insurance claims in order to determine the liability of the insurance company

fender bender
/ˈfɛndər ˌbɛndər/

A minor accident involving at least one motor vehicle.

totaling
/ˈtoʊtəlɪŋ/ /ˈtoʊɾəlɪŋ/

To demolish; to wreck completely. (from total loss)

"Honey, I’m OK, but I’ve totaled the car."

insurer
/ɪnˈʃʊɹ.ɚ/

One who insures.

liable
liableadjective
/ˈlaɪ̯əbəl/

Bound or obliged in law or equity; responsible; answerable.

perils
perilsnoun
/ˈpɛɹɪlz/

An event which causes a loss, or the risk of a specific such event.

underwrite
/ʌndəˈɹaɪt/

To write below or under; subscribe.