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Insurer

usgb/ɪnˈʃʊrər/Volume
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LampPro Tip 1/3

Financial Protection

Insurer refers to entities providing financial safety against potential future losses or damages.

Illustration for Financial Protection
If your house catches fire, the insurer helps cover the costs to repair or rebuild it.
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Context Specific

The term 'insurer' is specific to the context of insurance and doesn't apply to other forms of security.

Illustration for Context Specific
An insurer won't help if you lock yourself out, that's a job for a locksmith.
LampPro Tip 3/3

Risk Assessment

Insurers assess the risk of insuring someone and may deny coverage if the risk is too high.

Illustration for Risk Assessment
The insurer refused to cover the old factory, citing its weak structure as a high risk.
Visual representation of the word "Insurer"

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