Insurance Company
/ɪnˈʃʊərəns ˈkʌmpəni/
Definitions
- (n.) A legal entity authorized to provide insurance coverage by underwriting risk and issuing policies.
The insurance company denied the claim due to policy exclusions.
Forms
- insurance companies
Related terms
See also
Commentary
The term specifically denotes a business entity engaged in insurance underwriting as regulated by law, distinguishing it from informal or non-regulated risk pooling arrangements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.