How To Define Individual Insurance?
A simple definition of Individual Insurance is: A policy that protects the insured and / or their family. Sometimes it is called personal insurance instead of group insurance and fully comprehensive insurance.
Policies that protect the policyholder and / or their family are sometimes called insurance policies as opposed to group insurance and comprehensive insurance.
Literal Meanings of Individual Insurance
Meanings of Individual:
Anyone other than a group, class or family.
From or to a specific person.
Sentences of Individual
Boat tours for parties and individuals
Small single flower
Children's individual needs
Synonyms of Individual
single, discrete, independent, separate
Meanings of Insurance:
The process or arrangement in which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.
Anything that provides protection against possible emergencies.
Sentences of Insurance
Many new lenders buy unemployment or health insurance
Adherence to high standards of personal conduct is the best protection against personal problems.
Synonyms of Insurance
shelter, protection, security, indemnity, precaution, cover, indemnification, preventive measure, defence, safeguard, immunity, safety measure, financial protection, provision, surety