Insurance vs Pension - What's the difference?
insurance | pension |
A means of indemnity against a future occurrence of an uncertain event.
*{{quote-magazine, date=2012-01
, author=Philip E. Mirowski
, title=Harms to Health from the Pursuit of Profits
, volume=100, issue=1, page=87
, magazine=
The business of providing insurance.
Metaphoric: Any attempt to anticipate an unfavorable event.
Blackjack: A bet made after the deal, which pays off if the dealer has blackjack.
(countable) An insurance policy
* {{quote-news, year=2009, date=February 18, author=Cheryl Critchley, title=Free child care for Victorian bushfire victims, work=Herald Sun
, passage="The children need to get back to some level of normalcy and their families can certainly use some respite to deal with things such as insurances , licences and other things they have lost," he said. }}
A gratuity paid regularly as benefit due to a person in consideration of past services; notably to one retired from service, on account of retirement age, disability or similar cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers; sometimes passed on to the heirs, or even specifically for them, as to the families of soldiers killed in service.
A stated regular allowance by way of patronage or subsidy, e.g. to meritorious artists, or the like.
Accommodations or the payment for accommodations, especially at a boarding house or small hotel in Europe.
A boarding house or small hotel, as in continental Europe, which offers lodging and certain meals and services.
(dated) A boarding school in France, Belgium, Switzerland, etc.
(archaic) A wage in active service
As nouns the difference between insurance and pension
is that insurance is a means of indemnity against a future occurrence of an uncertain event while pension is guesthouse.insurance
English
Noun
(wikipedia insurance) (en-noun)citation, passage=In an era when political leaders promise deliverance from decline through America’s purported preeminence in scientific research, the news that science is in deep trouble in the United States has been as unwelcome as a diagnosis of leukemia following the loss of health insurance .}}
- The car was totalled, but fortunately I had insurance .
- After five years in banking, I switched to insurance .
- The sky was clear, but I took my umbrella for insurance .
- I only take insurance if the count is right.
citation
Derived terms
{{der3, automobile insurance , car insurance , casualty insurance , credit insurance , earthquake insurance , fire insurance , flood insurance , freight insurance , group insurance , health insurance , insure , insurer , insurance adjuster , insurance agent , insurance agency , insurance claim , insurance company , insurance fraud , insurance plan , insurance policy , insurance premium , insurance scam , liability insurance , life insurance , malpractice insurance , no-fault insurance , pet insurance , property insurance , reinsurance , term life insurance , transportation insurance , unemployment insurance , whole-life insurance , insurance agency}}See also
* actuary * annuity * broker * float * underwriter * workers’ compensationpension
English
Noun
(en noun)- ''Pensioners depend on their pension to pay the bills
- A pension had somewhat less to offer than a hotel; it was always smaller, and never elegant; it sometimes offered breakfast, and sometimes not (John Irving).
