insure
IPA: ɪnʃˈʊr
verb
- (transitive) To provide for compensation if some specified risk occurs. Often agreed by policy (contract) to offer financial compensation in case of an accident, theft or other undesirable event.
- (intransitive) To deal in such contracts; subscribe to a policy of insurance
- (chiefly US, transitive, dated) Alternative spelling of ensure; to make sure or certain of; guarantee. [(transitive) To make a pledge to (someone); to promise, guarantee (someone of something); to assure.]
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Examples of "insure" in Sentences
- The most expensive group to insure is that way because they cost a lot to insure.
- So if a 20-year-old who costs just $800 a year to insure is forced to pay $2,500, a 62-year-old who costs $7,500 would pay no more than $5,000.
- The fact that some cannot afford or more specifcially many choose not to insure is yet another reason we cannot employ to infer we have a problem.
- In the US having a Mexican plated car is no big deal: you can keep it there for a year, no permit, no nothing: just have to insure, which is easy to do. jl1
- It may make sense for an individual to self-insure, that is go bare or elect a policy with a very high deductible, when they can afford a hit on account of property loss.
- My out of pocket cost was just under $800 a month, along with higher co-pays for office visits and care. despite all of my health problems, I opted to self-insure - in other words, to pay as I go.
- The Compact Oxford Reference Dictionary defines the word insure as "arrange for compensation in the event of damage to or loss off (property, life or person), in exchange for regular payments to a company."
- The overhead costs of large companies that self-insure is 5 to 10 percent of premiums), companies in the small group market spend 25 to 27 percent of premiums, and individual insurance spends 40 percent of premiums on administration.
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