insurein·sure /ɪnˈʃʊə-ˈʃʊr/ verb [intransitiveI, transitiveT]INSURANCE1to buy insurance to protect yourself, your family, your business etc against something bad happening, for example accidents, damage to property, or injury caused to othersMany companies insure executives’ lives with the companies as beneficiaries.
insure (somebody/something) against somethingIt is advisable to insure all oriental carpets against theft and damage.
insure something for £1,000/$2,000 etc
Airlines insure their aircraft for their replacement value.
2to provide insurance for something or someoneinsure (somebody/something) against somethingThe company insured against earthquakes and accidents at sea.