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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Ensurer :: Ensurer (n.) See Insurer.

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..

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

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..

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

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

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

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

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

Assured :: Assured (a.) Made sure; safe; insured; certain; indubitable; not doubting; bold to excess.

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..

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

Insurer :: Insurer (n.) One who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter..

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..

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..

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

Firman :: Firman (n.) In Turkey and some other Oriental countries, a decree or mandate issued by the sovereign; a royal order or grant; -- generally given for special objects, as to a traveler to insure him protection and assistance..

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

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..

Del Credere :: Del credere () An agreement by which an agent or factor, in consideration of an additional premium or commission (called a del credere commission), engages, when he sells goods on credit, to insure, warrant, or guarantee to his principal the solvency of the purchaser, the engagement of the factor being to pay the debt himself if it is not punctually discharged by the buyer when it becomes due..