POLYSEMY AND PRECISION IN INSURANCE TERMINOLOGY

Abstract

The study of terminology, particularly in the insurance sector, illuminates the complex interplay between language, legal frameworks, and industry practices. This exploration delves into the polysemic nature of insurance terms, where a single word can embody multiple meanings depending on context. This polysemy arises from the industry's intersection with various domains, evolving societal needs, and regional regulatory differences. The research highlights the critical need for clarity and precision in insurance language to avoid coverage disputes and ensure policies reflect contemporary realities. Through a comprehensive analysis of recent scholarly contributions, this abstract emphasizes the importance of adapting insurance terminology to align with current research, clinical progress, and the ever-changing landscape of risks.