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
To underwrite; to make insurance; as, a company insures
at three per cent.