Spell Bee Word: insurance

Basic Details

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

Idioms and Phrases

  1. Insurance policy: A plan that outlines the terms of coverage. Example: "He read through his insurance policy carefully to understand what was included."
  2. Get insurance for a rainy day: To prepare for unexpected future events. Example: "It’s important to get insurance for a rainy day so you’re covered in case of emergencies."

Usage Examples

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.

Fun Fact

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.

Famous Quote

"In the middle of difficulty lies opportunity." - Albert Einstein (This quote relates to insurance as it highlights the importance of being prepared for challenges.)

Multiple Choice Questions (MCQs)

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

Associated Words

How to participate in CREST International Spell Bee

The CREST International Spell Bee (CSB) is conducted in two editions – CREST International Spell Bee - Summer (CSB) and CREST International Spell Bee - Winter (CSBW) – giving students across the globe an opportunity to showcase and enhance their spelling proficiency. Designed for young learners from Grades 1 to 8, the competition focuses on word-building, pronunciation, and vocabulary enrichment, helping students develop strong linguistic skills.

Steps to Participate:

Step 1: Visit the registration page and complete the registration with your desired subject.

Step 2: After Registration done, do login at www.crestolympiads.com/login.

Step 3: After login, got to dashboard and click on Book slot/Take Exam

Step 4: Schedule your exam date and preferred time.

Step 5: Log in with your credentials on the exam day at the scheduled time and take the exam.

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