보험 — meaning in English: insurance

boheom · Learn this word with quizzes, examples and more on Maspeak.

Guess the translation for insurance

가스

gaseu

행위

haeng

위치

wichi

위험

wiheom

보험

boheom

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neutral common

Usage

Native speakers often use the word 보험 (boheom) when discussing financial planning, particularly in relation to health, life, or property coverage. You'll hear it in conversations at banks, insurance companies, or even among friends planning a trip where travel insurance might be necessary.

Synonyms & nuances

While 보험 (boheom) specifically refers to insurance, a related term, 보장 (bojang), emphasizes the aspect of guarantee or protection. You would use 보험 when discussing policies and financial products, while 보장 might come up more in discussions about the coverage provided.

Culture

The word 보험 (boheom) has its roots in the Chinese characters 保 (bao) meaning 'to protect' and 險 (xian) meaning 'danger.' This reflects the essential role insurance plays in providing security against unforeseen events. In South Korea, insurance is a significant part of life, with many households investing in various types for health, education, and property.

FAQ

Q.What are the different types of 보험 in Korea?

In Korea, common types of 보험 include 건강보험 (health insurance), 생명보험 (life insurance), 자동차보험 (car insurance), and 여행보험 (travel insurance). Each serves different needs and is essential for personal and financial security.

Q.How do you say 'insurance policy' in Korean?

The term for 'insurance policy' in Korean is 보험 계약 (boheom gyeyak). This phrase is often used in formal discussions or documents involving insurance agreements.

Q.What is a common mistake when using 보험?

A common mistake is using 보험 in a context where the specific type of insurance should be mentioned. For example, instead of just saying 보험, specify the type, such as 자동차보험 for car insurance, to avoid confusion.

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