Is it correct to ensure or insure?

Is it correct to ensure or insure?

Despite sounding alike, the words are not interchangeable. “To assure” means to promise or say with confidence. “To ensure” means to make certain. “To insure” means to protect against risk by regularly paying an insurance company.

What is the difference between ensured and insured?

As mentioned earlier, the ‘insurer’ is the one calculating risks, providing insurance policies, and paying out claims. The ‘insured,’ on the other hand, is the person (or people) covered under the insurance policy.

How do you use insure in a sentence?

Examples of insure in a Sentence This policy will insure your car against theft. She had difficulty finding a company that would insure her. They take great care to insure the safety and security of their home. We hope that careful planning will insure success.

Is ensure a proper word?

Frequently Asked Questions About ensure While all these words mean “to make a thing or person sure,” ensure, insure, and assure are interchangeable in many contexts where they indicate the making certain or inevitable of an outcome, but ensure may imply a virtual guarantee.

What is the different between insurance and assurance?

Assurance refers to financial coverage that provides remuneration for an event that is certain to happen. Unlike insurance, which covers hazards over a specific policy term, assurance is permanent coverage over extended periods, often up to the insured’s death such as with whole life insurance.

What is insurance one word?

1a : coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril. b : the business of insuring persons or property. c : the sum for which something is insured.

What is another word for insure?

Some common synonyms of insure are assure, ensure, and secure.

Is Ensurer a word?

“Ensurer.” Dictionary, Merriam-Webster,

How do you use ensure as a verb?

  1. ensure something We are working to ensure the safety of people in the city.
  2. The book ensured his success.
  3. We must take steps now to ensure the survival of these animals.
  4. ensure somebody something Victory ensured them a place in the final.
  5. The system ensures all children equal access to education.

For which insurance the word assurance is used?

The term assurance is used in the insurance industry that to in terms of life and term insurance policies. In a life insurance policy, the policyholder is given assurance that he will receive compensation in case of a certain event like death or disability.

What is the use of assurance?

1 : the state of being assured: such as. a : a being certain in the mind the puritan’s assurance of salvation. b : confidence of mind or manner : easy freedom from self-doubt or uncertainty spoke with assurance about his future plans also : excessive self-confidence : brashness, presumption.