ASSURANCE, INSURANCE

ASSURANCE, INSURANCE

‘Life assurance‘ is a system by which you pay money regularly to a company that then pays money to your relatives when you die. This sort of agreement is also often called ‘life insurance’.

1. …all the developments in taxation, life assurance and investment.
2. A special form of life insurance would be well suited to this purpose.

You do not use ‘assurance’ to refer to a similar system by which you pay money to a company that then repays you if your property is lost, stolen, or damaged. A system like this is called insurance.

3. You should look into insurance to cover against theft or fire at your home.
4. The manager can advise you on travel insurance and probably arrange cover.