What is The Meaning of Private Insurance?
Private insurance is insurance offered by private companies rather than government agencies. This is a public insurance alternative.
Regardless of whether an individual has public or private insurance, the goal is usually the same: to obtain financial protection from a variety of risks.
Literal Meanings of Private Insurance
Meanings of Private:
They belong to a particular individual or group of people or can be used.
(Someone) who has no government or public function or position.
(Service or industry) provided or owned by an independent individual or company, not the government.
A low-ranking soldier, especially a man in the US Army Or First Class Marine Corps.
Means private parties
Sentences of Private
All bedrooms have their own bathroom
Images sold to private collectors
Private sector research projects
He joined the army in 1980 and was sent to Germany for the first time as a young soldier as a public service worker.
Synonyms of Private
personal, denationalized, private-enterprise, privatized, common soldier, particular, special, individual, non-state-run, commercial, non-state-controlled, non-public, independent, private soldier, privately owned, one's own, exclusive
Meanings of Insurance:
An exercise or arrangement under which a company or government agency guarantees compensation for certain damages, injuries, illnesses or deaths in return for payment of a premium.
Sentences of Insurance
Many new lenders buy unemployment or health insurance
Synonyms of Insurance
indemnity, protection, cover, provision, safety measure, precaution, safeguard, defence, immunity, shelter, preventive measure, indemnification, surety, security, financial protection