Word: Insurance
Part of Speech: Noun
Meaning: A way to protect yourself financially against loss or damage by paying a company a fee.
Synonyms: Protection, coverage, assurance
Antonyms: Risk, hazard
Example 1: She decided to buy health insurance to ensure she could afford medical treatment if she fell ill.
Example 2: The car insurance protected him from financial loss after the accident.
Example 3: Before going on the trip, they took out travel insurance to cover any unexpected events.
Did you know that the concept of insurance dates back to ancient times? The Babylonians created a form of insurance as early as 2000 BC to protect merchants against loss in trade.
"In the middle of difficulty lies opportunity." - Albert Einstein (This quote relates to insurance as it highlights the importance of being prepared for challenges.)
1. What does "insurance" mean?
a) A type of food
b) A way to protect financially against loss
c) A clothing item
d) A type of car
Answer: b) A way to protect financially against loss
2. Which of these is a synonym of "insurance"?
a) Protection
b) Danger
c) Uncertainty
d) Failure
Answer: a) Protection
3. Which of these is an antonym of "insurance"?
a) Coverage
b) Risk
c) Assurance
d) Safety
Answer: b) Risk
4. Which sentence uses "insurance" correctly?
a) She bought insurance for her new shoes.
b) The insurance helped her rebuild her house after the fire.
c) He wears insurance to stay warm.
d) They found insurance at the park.
Answer: b) The insurance helped her rebuild her house after the fire.
5. What does the idiom "get insurance for a rainy day" mean?
a) Prepare for unexpected events
b) Buy a car on a rainy day
c) Go on holiday during the rain
d) Stay indoors when it rains
Answer: a) Prepare for unexpected events
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Step 1: Visit the registration page and complete the registration with your desired subject.
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Step 3: After login, got to dashboard and click on Book slot/Take Exam
Step 4: Schedule your exam date and preferred time.
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