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insured British & World English

Covered by insurance

insure British & World English

Arrange for compensation in the event of damage to or loss of (property), or injury to or the death of (someone), in exchange for regular payments to a company or to the state

overinsured British & World English

Having excessive insurance cover

reinsure British & World English

(Of an insurer) transfer (all or part of a risk) to another insurer to provide protection against the risk of the first insurance

underinsured British & World English

(Of a person) having inadequate insurance cover