1. Insurance is a means of protection from financial loss. Term insurance that can be exchanged, at the option of the policyholder and without evidence of insurability, for another plan of insurance. Principal definition, first or highest in rank, importance, value, etc. Uh oh! Is rebel Wilson related to Wilson Phillips. From Cambridge English Corpus In the first subsection, we discuss the historical context for adoption of workers' compensation insurance in the early twentieth century. Of course the principal believed at once that I was the chief criminal. Find more similar words at wordhippo.com! You're not signed up. I thought it was proved that you helped to put the pony in the principal's room. First-Loss Policy: A first-loss policy is a type of property insurance policy that provides only partial insurance. Definition of principal: Law: (1) A party who designates another (the agent) to act on his or her behalf. 3. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.A person or entity who buys insurance is known as an insured or as a policyholder. See more. The principal thing is, not how it happened, but that he is going to get well, Sidney. In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party. 2. Insurance synonyms. Find descriptive alternatives for another. I want everyone to enjoy it, and my brother to act the principal part in it. See more. What is Principal? Synonyms for additional include added, extra, further, more, other, fresh, new, surplus, increased and spare. If the insurance company is unwilling to change the premium they are charging you, and it doesn't sound reasonable to you, then shopping around may find you a better price if there is another insurance company that is more interested in competing for your business. Principle Sounding the same and being spelled very similarly, these two words are commonly confused in business writing. For instance, your principal complaint when seeing a doctor might be a stomach ache, or the principal actors on the set are the ones with leading roles. Unanswered Questions. Dictionary Term of the Day Articles Subjects BusinessDictionary Business Dictionary Dictionary Toggle navigation. Synonyms for another at Thesaurus.com with free online thesaurus, antonyms, and definitions. ; chief; foremost. Synonyms for insurance at Thesaurus.com with free online thesaurus, antonyms, and definitions. Does nia vardalos have an eye problem. Keeping the two words straight will ensure that others clearly understand your work and the meaning is sound from a legal perspective. 4000 key depression per hour in Hindi mean. This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se (Latin "he who acts through another… Principal vs. Top synonyms for insurance (other words for insurance) are assurance, guarantee and security. In the latter case, “principal actors” could even be condensed to “principals” as they are the people in the starring roles. As an adjective, the word means first, or highest in rank. What is another word for principal? Another name for the obligor, the person bonded, in a fidelity or security bond. Find descriptive alternatives for insurance. Insurance for non-occupational disabilities, by contrast, had no established network of interests; such insurance was virtually non-existent in the private sector. Insurance definition, the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved.