assurance

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Assurance

A chiefly British term for insurance.

assurance

a contractual saving arrangement whereby a person pays premiums at regular intervals to an INSURANCE COMPANY in return for a sum of money to be received at a later date. With life assurance a lump sum payment and/or annuity becomes due to the dependants of the person assured. With endowment assurance a lump sum payment and/or annuity is payable to the person assured at an agreed future date.

assurance

see INSURANCE.
References in classic literature ?
Composing for himself an innocent face, he opened a door, and went in with the assurance of a nice and privileged child.
You shall not be troubled with them, Sir Ethelred," the Assistant Commissioner began, with a calm and untroubled assurance.
And he repeated her words with such assurance of accent, such boastful pretence of amazement, that she could not help replying with quickness,
At any rate,' resumed she, pursuing her advantage, 'you can console yourself with the assurance that you are worthy of all the love he gives to you.
The more he thought upon it the more positive he became that not only was there no assurance in her words that she loved him, but none either in any act of hers.
In 2001, federal regulations began requiring operators to provide financial assurances before they began exploration or mining operations.
Its primary purpose is to have attendees learn from practitioners who have hands-on experience providing assurances services.