Difference Between Insurance & Assurance


Though the terms "insurance" and "assurance" sound somewhat similar, they have different meanings. One deals with protection and one deals with certainty.

Definition of Insurance

  • "Insurance" is a noun that means a way of guaranteeing the protection of an item or person, or a guarantee against loss or damage. The term "insurance" also refers to the premiums paid for this protection---health insurance or car insurance, for example.

Definition of Assurance

  • "Assurance" deals with "inspiring confidence" or making someone feel certain and comfortable with a decision. Also, it means the absence of doubt.

Synonyms & Antonyms of Insurance

  • Synonyms for insurance include protection, coverage, guarantee and support. Antonyms include loss and deprivation.

Synonyms & Antonyms of Assurance

  • Synonyms for assurance are affirmation, faith and promise. Antonyms include distrust and doubt.

Word Origins & History

  • "Insurance" dates back to 1651 and comes from the Middle English word "insuren." The term "assurance" comes from the Middle English word "assuren" from the 14th century.


  • Insurance, Webster's Third New International Dictionary Unabridged
  • Assurance, Webster's Third New International Dictionary Unabridged
Promoted By Zergnet



You May Also Like

Related Searches

Check It Out

Can You Take Advantage Of Student Loan Forgiveness?

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!