Definition of «to insure against»

The phrase "to insure against" means to take out an insurance policy that covers potential losses or damages related to a specific risk, event or situation. It is a way of protecting oneself from financial loss by paying a premium to an insurance company in exchange for their promise to provide compensation if something unexpected happens. The phrase can be used both as a verb and a noun - i.e., "to insure against theft" or "an insurance policy that covers against flood damage."

Sentences with «to insure against»

They will provide more yield than your average CD or savings account, and while they aren't insured against loss of principal, they also offer the potential to appreciate over time. (fool.com)
It could help insure against risk, and by moving money in different ways could open up the possibility for different types of financial products. (thenextweb.com)
We could define the split between «investment - grade» and «high - yield» debt based on the cost of insuring against default for the next five years. (etf.com)
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