Insure also means giving a service or product that helps people if something bad happens. This can be health, property, or other things.
They insure their health with a good plan.
We insure equipment from damage.
In gambling, to insure means to make a bet that protects against losing everything. It is a way to reduce risk during a game.
He insured his bet to avoid big loss.
Gamblers often insure stakes in tough games.
In business, to insure means buying an agreement that protects money or goods from loss. It helps avoid big damage if things go wrong.
He insured his shares against market drops.
Companies insure their goods during shipping.