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

Insure :: Insure (v. t.) To make sure or secure; as, to insure safety to any one..

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.

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

Insurable :: Insurable (a.) Capable of being insured against loss, damage, death, etc.; proper to be insured..

Reinsurer :: Reinsurer (n.) One who gives reinsurance.

Abandon :: Abandon (v. t.) To relinquish all claim to; -- used when an insured person gives up to underwriters all claim to the property covered by a policy, which may remain after loss or damage by a peril insured against..

Ensure :: Ensure (v. t.) To make sure. See Insure.

Patrol :: Patrol (v. i.) A going of the rounds along the chain of sentinels and between the posts, by a guard, usually consisting of three or four men, to insure greater security from attacks on the outposts..

Secure :: Secure (v. t.) To put beyond hazard of losing or of not receiving; to make certain; to assure; to insure; -- frequently with against or from, rarely with of; as, to secure a creditor against loss; to secure a debt by a mortgage..

Insure :: Insure (v. i.) To underwrite; to make insurance; as, a company insures at three per cent..

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

Bail Bond :: Bail bond () A bond or obligation given by a prisoner and his surety, to insure the prisoner's appearance in court, at the return of the writ..

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

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

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

Reinsure :: Reinsure (v. t.) To insure, as life or property, in favor of one who has taken an insurance risk upon it..

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..