“in-dem-nih-fy” | /ɪnˈdɛm.nɪ.faɪ/
v – To secure against loss or damage; to insure. To compensate or reimburse someone for some expense or injury.
“Since he was driving drunk, the insurance company will not indemnify him from the property damage he caused.”
From French indemne and indempne, from Latin indemnis (“unhurt”), from in- (“not”) + damnum (“hurt, damage; wrong”). Compare damn.