Insured (verb)

1. To make certain that something will be covered by an insurance policy.
2. To protect oneself against financial loss by obtaining an insurance policy.

Origin:

Late middle english: past participle of insure, based on latin in- "in" + securus "secure".

Examples:

1. I insured my car against theft and damage.
2. It is important to insure your home against natural disasters.
3. He insured himself against the possibility of losing his job.
4. Make sure to insure your valuables before going on a trip.
5. She insured her business against financial losses from unexpected events.