To provide for compensation if some specified risk occurs.
To compensate or reimburse someone for some expense or injury.
make amends for; pay compensation for
secure against future loss, damage, or liability; give security for; "This plan indemnifies workers against wages lost through illness"
make amends for; pay compensation for; "One can never fully repair the suffering and losses of the Jews in the Third Reich"; "She was compensated for the loss of her arm in the accident"
secure against future loss, damage, or liability; give security for
