Definition

To provide insurance coverage again, often by passing some or all of the risk to another insurance company through a new contract.

Example

The company decided to reinsure its policies to reduce potential losses.

Tense Forms

Conversation

I just found out I need to reinsure my car for next year.

Oh really? Is it because of the new policy changes?

Yeah, I want to make sure I'm fully covered.

That makes sense; it's always better to be safe than sorry.

Synonyms & Antonyms

Root Explanation

Reinsure → It is formed from "re-" (meaning again) and "insure" (from Latin "securare", meaning to make safe). The word "reinsure" means to insure again or provide additional insurance coverage.

Memory Tip

Think of 'again' ('re-') when you want to 'make safe' ('insure') once more — that's what reinsure means.

Visually Confused Words