Word forms: (present) takes ouut insurance, (past) took out insurance, (perfect) taken out insurance, (progressive) taking out insurance
( Insurance : General )
insurance1, insurance2, insurance3
In some countries buyers must use domestic insurers for compulsory coverages, but
are free to take out insurance from foreign insurers when coverage is not available from domestic insurers.
If the life insured commences smoking after taking out insurance at non-smoker rates, they may have an obligation to inform the insurance company
who will then apply the applicable smoker rates.
If you take out insurance, you purchase coverage from an insurance company.
Collins English Dictionary. Copyright © HarperCollins Publishers