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. Full definition
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)