Definify.com

Webster 1913 Edition


Insure

In′sure

,
Verb.
T.
[
imp. & p. p.
Insured
;
p. pr. & vb. n.
Insuring
.]
[OE.
ensuren
, prob. for
assuren
, by a change of prefix. See 1st
In-
, and
Sure
, and cf.
Assure
,
Ensure
.]
[Written also
ensure
.]
1.
To make sure or secure;
as, to
insure
safety to any one
.
2.
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
insured
.

In-sure′

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

Webster 1828 Edition


Insure

INSU'RE

,
Verb.
T.
inshu're. [in and sure.] To make sure or secure; to
contract or covenant for a consideration to secure a person against loss; or to engage to indemnify another for the loss of any specified property, at a certain stipulated rate per cent, called a premium. The property usually insured is such as is exposed to extraordinary hazard. Thus the merchant insures his ship or its cargo, or both, against the dangers of the sea; houses are insured against fire; sometimes hazardous debts ar insured, and sometimes lives.

INSU'RE

,
Verb.
I.
To underwrite; to practice making insurance. This company insures at 3 per cent, or at a low premium.