Definition of insure in English:

insure

Line breaks: in¦sure
Pronunciation: /ɪnˈʃɔː
 
, ɪnˈʃʊə
 
/

verb

[with object]
  • 1Arrange 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: the table should be insured for £2,500 the company had insured itself against a fall of the dollar [no object]: businesses can insure against exchange rate fluctuations
    More example sentences
    • The wife shall ensure the property is fully insured for all perils to closing at her expense and for full insurable value.
    • No carrier will insure a high-risk property if a loss of, say, $3 billion would wipe out the company before government aid kicks in.
    • Both insure against loss or damage to gear and set premiums on declared value.
  • 1.1Secure the payment of (an amount in compensation) in this way: your new sum insured is shown on your renewal notice
    More example sentences
    • First, that it was an ordinary personal accident policy whereby payment of the sums insured was independent of any fault by anybody.
    • So… are the sums insured up to date and adequate?
  • 1.2Provide insurance cover in respect of: subsidiaries set up to insure the risks of a group of companies
    More example sentences
    • But either they cover the risks required to be insured against by section 143 and 145 of the Road Traffic Act 1972 and applied by the certificates or they do not.
    • GE is certainly going to suffer a net economic loss if any of their executives or even middle managers drop dead - are you going to keep them from insuring the risk?
    • Well, I mean, you would have to know exactly what he means by insuring the risks.
    Synonyms
    protect, indemnify, cover, underwrite, assure, guarantee, warrant
  • 2 (insure someone against) Secure or protect someone against (a possible contingency): by appeasing Celia they might insure themselves against further misfortune [no object]: such changes could insure against further unrest
    More example sentences
    • It may be wildly unlikely, but then a couple of lines on a map changing the route of the pylons is a small premium if it will insure them against such an awful possibility.
    • The article on previous page explains what you are insured against with standard cover.
    • If you are insured against something bad happening to you, like being unemployed, then you will be less prone to prevent it from happening than you would be without the insurance.
  • 3 another term for ensure.
    More example sentences
    • What can I do now to insure that my son will receive a quality education and stay motivated in the classroom?
    • How do I clean up my hard drive to insure that my personal information is gone when I donate my old computer?

Derivatives

insurability

Pronunciation: /-ˈbɪlɪti/
noun
More example sentences
  • Nervousness over the extent of his insurability means he has been told he will not be getting another playing contract in Scotland.
  • Many organisations did not even report their losses, fearful for their reputations or their insurability.
  • This includes medical information, encompassing conditions such as high blood pressure and obesity, and other information that may affect insurability, such as a reckless driving record or participation in hazardous activities.

insurable

adjective
More example sentences
  • The big question is whether this is really an insurable event.
  • In the meantime, the organization is looking at ways of minimizing risk and helping its members become more insurable through training and education, and the development of safety standards among its members.
  • This does not reflect the modern reality that other far greater catastrophes which are insurable, such as an explosion in a coal mine, may wreak greater havoc, but are not events in respect of which there is a ceiling upon damages.

Origin

late Middle English (in the sense 'assure someone of something'): alteration of ensure.

Usage

There is considerable overlap between the meaning and use of insure and ensure. In both British and US English the primary meaning of insure is the commercial sense of providing financial compensation in the event of damage to property; ensure is not used at all in this sense. For the more general senses, ensure is the more usual word, but insure is also sometimes used, particularly in US English, e.g. bail is posted to insure that the defendant appears for trial ; the system is run to ensure that a good quality of service is maintained .

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