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insure


Translate insure | into French | into German | into Italian | into Spanish
Definition of insure

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
  • secure the payment of (an amount in compensation) in this way:your new sum insured is shown on your renewal notice
  • provide insurance cover in respect of:subsidiaries set up to insure the risks of a group of companies
  • 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

Derivatives

insurability

Pronunciation: /-ˈbɪlɪti/

noun

insurable

adjective

Origin:

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

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.

insure in other Oxford dictionaries

Definition of insure in the US English dictionary