UK Accounting Glossary
Insurance against an eventuality that must occur.
Assurance is Insurance against an eventuality (especially Death) that must occur.
Assurance refers to financial coverage that provides for remuneration for an event that is certain to happen. Assurance is similar to insurance, with the terms often used interchangeably.
Progress is the activity of today and the assurance of tomorrow.
Our Health Care Policy combines life assurance with critical illness cover.
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This glossary post was last updated: 5th May 2019.