Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of insure

Definition of

insure

  • 1.

    agree to compensate in declared circumstances to make a contract to pay compensation if a particular loss or event occurs

  • 2.

    insure somebody's life to insure somebody's life, so that the insurance company will pay compensation when that person dies.

    Related definitions of "insure"

insure - Related Articles

  • Insurance

    Sector Profiles

    In January 2011 the insurance sector was awash with capital as new money poured into the sector and insurance premiums on a wide range of protection products softened. This is known as the soft phase of the insurance cycle and is a normal feature of this highly cyclical industry. As a rule, after a

  • Longevity Insurance

    Key Concepts

    Longevity insurance is designed to protect pension funds against the costs of its pensioners living longer than expected. In 2006, there were reports that the global market in trading the “longevity risk” faced by pension funds could eventually outstrip the huge credit derivatives market. However

  • Insurance—Bruised, Not Crushed

    Best Practice

    There is no doubt that, compared with the banks and the investment banks, the insurance sector has come through the crash in relatively good order. The sector has not escaped entirely. AIG, the world’s biggest insurer, needed a US$85 billion bailout from the Federal Reserve to help the company unwind its credit default swap (CDS) positions “in an orderly manner,” without precipitating one of the biggest insolvencies ever in US insurance history
    By Robert P. Hartwig

  • Climate Change and Insurance

    Best Practice

    Starting from the fact that climate change is a reality that is happening now, and that we can see its impact across the world, what role does the insurance sector have in covering this? There is no doubt that climate change is of enormous importance to the insurance industry. The costs of flooding
    By Stephen Haddrill

More

Definitions of ’insure’ and meaning of ’insure’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’insure’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related

Most Viewed

Recommended

Latest

 
QFINANCE www.qfinance.com