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Insurer

usgb/ɪnˈʃʊrər/Volume
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Financial ProtectionPlay
Insurer refers to entities providing financial safety against potential future losses or damages. SlideIf your house catches fire, the insurer helps cover the costs to repair or rebuild it.
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Context SpecificPlay
The term 'insurer' is specific to the context of insurance and doesn't apply to other forms of security. SlideAn insurer won't help if you lock yourself out, that's a job for a locksmith.
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Risk AssessmentPlay
Insurers assess the risk of insuring someone and may deny coverage if the risk is too high. SlideThe insurer refused to cover the old factory, citing its weak structure as a high risk.