die Versicherung, -en
insurance
Ein Vertrag, bei dem man regelmäßig Geld zahlt, damit man im Schadensfall finanziellen Schutz oder Hilfe bekommt.
The German word "Versicherung" is a noun that means "insurance". It is derived from the verb "versichern," which means "to insure" or "to assure". "Versicherung" typically refers to the financial protection against risk, covering various types such as health insurance (Krankenversicherung), car insurance (Kfz-Versicherung), and life insurance (Lebensversicherung).
Similar words in German include "Absicherung" (safeguarding) and "Garantie" (guarantee). However, the key difference is that "Absicherung" refers more to the act or state of securing against potential loss or harm, rather than specifically the financial product we denote by "Versicherung". "Garantie" involves a promise or assurance provided, often not related directly to a financial mechanism but more towards a pledge of quality or service.
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Examples
Die Versicherung zahlt den Schaden.noun
The insurance pays for the damage.
Meine Versicherung deckt den Schaden ab.noun
My insurance covers the damage.
Die Versicherung deckt viele Risiken ab.noun
The insurance covers many risks.
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