Insurance Company (Noun)
Meaning
A financial institution that sells insurance.
Classification
Nouns denoting groupings of people or objects.
Examples
- We need to contact the insurance company to file a claim for the damages to our car.
- The government regulates all insurance companies operating within the country to ensure they are financially stable.
- After reviewing several policies, she finally chose to purchase a life insurance policy from the reputable insurance company.
- As a risk management strategy, many businesses purchase insurance policies from specialized insurance companies.
- If you don't pay your premiums, the insurance company will cancel your policy and refuse to cover any losses.