indemnify

/ɪnˈdɛmnɪfaɪ/
verb
  1. To compensate someone for harm, loss, or damage they have suffered.
    • The insurance policy indemnifies homeowners against fire damage.
    • The company will indemnify you if you are injured while using their equipment.
    • The airline agreed to indemnify passengers for the lost luggage.
  2. To protect someone from future loss or legal responsibility, often through a contract or insurance.
    • The lease indemnifies the tenant against any property damage caused by natural disasters.
    • The warranty indemnifies you if the product fails within the first year.
    • The seller agreed to indemnify the buyer against any debts from before the sale.
Antonyms
What does "indemnify" mean? | whatsthatwordmean | whatsthatwordmean