Insurance

noun

1. A means of indemnity against a future occurrence of an uncertain event.

   "The car was totalled, but fortunately I had insurance."

2. The business of providing insurance.

   "After five years in banking, I switched to insurance."

3. Any attempt to forestall an unfavorable event.

   "The sky was clear, but I took my umbrella for insurance."

4. A bet made after the deal, which pays off if the dealer has blackjack.

   "I only take insurance if the count is right."

5. An insurance policy