What context can I use each word in?
Learn when and how to use these words with these examples!
insure
Example
I need to insure my car against theft and accidents. [insure: verb]
Example
The company offers various insurance policies to insure against different types of risks. [insure: preposition]
Example
The insurance company will insure the building for up to $1 million. [insure: verb]
indemnify
Example
The company agreed to indemnify the customer for the damages caused by their faulty product. [indemnify: verb]
Example
The contract includes a clause that indemnifies the company against any legal action taken by the client. [indemnify: verb]
Example
The insurance policy will indemnify the policyholder for any losses incurred due to a covered event. [indemnify: verb]
Good things to know
Which word is more common?
Insure is more commonly used than indemnify in everyday language, as it covers a wider range of contexts and is more familiar to most people.
What’s the difference in the tone of formality between insure and indemnify?
Indemnify is generally considered more formal and legalistic than insure, which is more versatile and can be used in both formal and informal contexts.