insurance
in.sur.ance \in-'shu.r-*n(t)s, chiefly South 'in-.\ n 1a: the action or process of insuring : the state of being insured 1b: means of insuring 2a: the business of insuring persons or property 2b: coverage by contract whereby one party undertakes to indemnify or guara ntee another against loss by a specified contingency or peril 2c: the sum for which something is insured