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Glossary > A > "Assurance" Definition

Assurance

In the UK the term "assurance" tends to be used where insurance is taken out against something which will inevitably occur, an example being death and thus life assurance. The term "insurance" is used when insuring against an event which may occur such as damage to a motor vehicle.

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Assurance - In the UK the term "assurance" tends to be used where insurance is taken out against something which will inevitably occur, an example being death and thus life assurance. The term "insurance" is used when insuring against an event which may occur such as damage to a motor vehicle.

Assurance : in the uk the term "assurance" tends to be used where insurance is taken out against something which will inevitably occur, an example being death and thus life assurance. the term "insurance" is used when insuring against an event which may occur such as damage to a motor vehicle.