term:

Insure

insure vb

in·sured
in·sur·ing
vt
: to assure against a loss by a contingent event on certain stipulated conditions or at a given rate of premium
: give, take, or procure insurance on or for
vi
: to contract to give insurance
: underwrite
;also
: to procure or effect insurance

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.