Updated: 09 June 2023

What Does Assurance Mean?

Assurance is a synonym for the word “insurance.” It is primarily used in British English.

Insuranceopedia Explains Assurance

Whether the term “insurance” or “assurance” is used to describe paying money to receive coverage for risks, it carries the same meaning. Speakers of American or Canadian English, however, are far more likely to use the term “insurance” exclusively.

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