indemnify

v. (-ies, -ied) 1 (often foll. By from, against) secure (a person) in respect of harm, a loss, etc. 2 (often foll. By for) exempt from a penalty. 3 compensate.  indemnification n. [latin indemnis free from loss]

v. t. To save harmless; to secure against loss or damage; to insure.