BusinessAugust 19, 2026
underinsurance
un-der-in-SHUR-uhns
Definition
The state or condition of not having enough insurance coverage to adequately protect oneself against potential financial losses.
Etymology
The word is formed from the prefix 'under-' meaning insufficient, and 'insurance,' which originates from the Old French 'enseurance' meaning a pledge or assurance.
In the news
The article uses the term to describe the widespread tendency for both students in simulations and the adult population to lack sufficient insurance policies, illustrating a gap in risk management.
Classroom simulation exposes what the adult market already knows
Read the full article ↗Insurance Business