Assurance

Eng. and Fr. [L. Lat. assecuratio.] In the law of contracts. A making sure or secure. A term formerly used in English maritime law, in the sense of the modern term insurance, and still retained in policies, but otherwise obsolete.

Molloy de Jur. Marit. 287.

Latterly, however, its use has been revived in its application to contracts of indemnity against life contingencies, which are now frequently termed assurances upon lives, by way of distinction from indemnity against losses by fire or at sea, &c., to which the term insurance is particularly appropriated. P. Cyclopaedia.

3 Kent's Com. 365.

The word assured has always been retained in its ancient sense. See Assure. Assurance is the term used in French law.