English definition of Insure

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Definition of insure

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Insure (v. t.) Specifically, to secure against a loss by a contingent event, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and sometimes hazardous debts are insured..

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Warrant :: Warrant (n.) That which vouches or insures for anything; guaranty; security.

Insurancer :: Insurancer (n.) One who effects insurance; an insurer; an underwriter.

Assure :: Assure (v. t.) To insure; to covenant to indemnify for loss, or to pay a specified sum at death. See Insure..

Underwriter :: Underwriter (n.) One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer..

Reinsure :: Reinsure (v. t.) To insure again after a former insuranse has ceased; to renew insurance on.

Unassured :: Unassured (a.) Not insured against loss; as, unassured goods..

Assurer :: Assurer (n.) One who assures. Specifically: One who insures against loss; an insurer or underwriter.

Liability :: Liability (n.) The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law..

Insured :: Insured (imp. & p. p.) of Insur.

Insure :: Insure (v. t.) Specifically, to secure against a loss by a contingent event, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and sometimes hazardous debts are insured..

Insurance :: Insurance (n.) The sum for which life or property is insured.

Guarantee :: Guarantee (n.) In law and common usage: A promise to answer for the payment of some debt, or the performance of some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance; an engagement which secures or insures another against a contingency; a warranty; a security. Same as Guaranty..

Reinsurance :: Reinsurance (n.) A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.

Disinsure :: Disinsure (v. t.) To render insecure; to put in danger.

Assured :: Assured (n.) One whose life or property is insured.

Deviation :: Deviation (n.) The voluntary and unnecessary departure of a ship from, or delay in, the regular and usual course of the specific voyage insured, thus releasing the underwriters from their responsibility..

Reassure :: Reassure (v. t.) To reinsure.

Insurant :: Insurant (n.) The person insured.

Loss :: Loss (v. t.) Destruction or diminution of value, if brought about in a manner provided for in the insurance contract (as destruction by fire or wreck, damage by water or smoke), or the death or injury of an insured person; also, the sum paid or payable therefor; as, the losses of the company this year amount to a million of dollars..

Indemnify :: Indemnify (v. t.) To save harmless; to secure against loss or damage; to insure.