1. To secure, by payment of a premium, the payment of a sum of money in the event of a loss. [Cases: Insurance 1001. C.J.S. Insurance § 2.]
2. To issue or procure an insurance policy on or for (someone or something).
1. To secure, by payment of a premium, the payment of a sum of money in the event of a loss. [Cases: Insurance 1001. C.J.S. Insurance § 2.]
2. To issue or procure an insurance policy on or for (someone or something).