Meaning of INSURANCE in English

[noun] [U]I'll need to take out extra car insurance for another driver.The insurance doesn't cover you for (= include) household items.We're claiming for the lost luggage on our insurance.She's got private health insurance.He sells life insurance.She works for an insurance company.If you have an accident in your car, the insurance (premium) (= the money you pay to insure it) goes up.Compare assurance at assure (PROTECT).An insurance policy is a written agreement between an insurance company and a person who wants insurance which states the rules of the agreement.(figurative) There's one particular job I'm after but I'm applying for several others as an insurance policy (= because I might not get the job I want).

Cambridge English vocab.      Кембриджский английский словарь.