Meaning & use
insurer
Last updated
A company or person that provides insurance, agreeing to compensate for specified losses in exchange for payment.
See it in a sentence
The insurer denied the claim, arguing the damage wasn't covered under the policy.
She switched insurers after finding a company with lower premiums.
A note on using this word
Not to be confused with 'insured,' which refers to the person or thing covered by the policy.
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