INSU'RANCE, n. from insure. The act of insuring or assuring against loss or damage or a contract by which one engages for a stipulated consideration or premium per cent to make up a loss which another may sustain. Insurance is usually made on goods or property exposed to uncommon hazard, or on lives.
Insurance company, a company or corporation whose business is to insure against loss or damage.
The King James Bible has stood its ground for nearly 400 years. However, during that time the English language has changed, and with it the meanings of some words it used. Here are more than 6,500 words whose definitions have changed since 1611.Wikipedia
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