*insure*

v. 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. ] [ 1913 Webster ]

1. To make sure or secure; as, to insure safety to any one. [ 1913 Webster ]

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. [ 1913 Webster ]

v. i. To underwrite; to make insurance; as, a company insures at three per cent. [ 1913 Webster ]

n. One who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter.

v. t. 1. To insure again after a former insurance has ceased; to renew insurance on. [ 1913 Webster ]

2. To insure, as life or property, in favor of one who has taken an insurance risk upon it. [ 1913 Webster ]

The insurer may cause the property insured to be reinsured by other persons. Walsh. [ 1913 Webster ]

v. 1. to provide additional insurance for.
Syn. -- reinsure. [ WordNet 1.5 ]

2. to insure again by transferring to another insurance company all or a part of a liability assumed.
Syn. -- reinsure. [ WordNet 1.5 ]