- To underwrite; to make insurance; as, a company insures
at three per cent.
2 . Insure
[ v. t.]
- To make sure or secure; as, to insure safety to any one. - 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.
Meaning of 'insure' (Princeton's WordNet)
1 . insure
[ v]
Meaning (1): - be careful or certain to do something; make certain of something
Example in sentence:
control the quality of the product;
He verified that the valves were closed;
See that the curtains are closed
Meaning (2): - make certain of
Example in sentence:
Preparation will guarantee success!;
This nest egg will ensure a nice retirement for us
Underinsured motorist’s coverage Underinsured motorist’s coverage is a coverage that can be added to the personal auto policy. Coverage pays damages for a bodily injury to an insured caused by the ownership or operation of an
Uninsured motorists coverage Uninsured motorists coverage is that part of the personal auto policy designed to insure against bodily injury caused by an uninsured
Mutual insurer Mutual insurer is an insurance corporation owned by the policyholders, who elect the board of directors. The board appoints
Named insured Named insured is the person or persons named in the declarations section of the policy, as opposed to someone who may have an
Foreign insurer Foreign insurer is an insurance company chartered by one state but licensed to do
Fully insured Fully insured is a status of a covered person under the Old-Age, Survivors, and Disability Insurance (OASDI) program. To be fully insured for retirement benefits,
First named insured First named insured is the first name that appears on the declarations page of the policy as an insured who has certain additional rights and
Currently insured Currently insured is a status of a covered person under the Old-Age, Survivors, and Disability Insurance (OASDI) program who has at least
Captive insurer Captive insurer is an insurance company established and owned by a parent firm in order to insure its loss exposures while reducing premium costs, providing easier access to a reinsurer, and perhaps
Additional insured Additional insured is a person or party who is added to the named insured’s policy by an