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1. underwrite  (verb) 
guarantee financial support of; "The opera tour was subvented by a bank"

  Also known as: subvention, subvent


  More Generic:
    undertake     guarantee


2. underwrite  (verb) 
protect by insurance; "The insurance won''t cover this"

  Also known as: cover, insure


  More Specific:
reinsure - insure again by assuming all or a part of the liability of an insurance company already covering a risk
indemnify - secure against future loss, damage, or liability


  More Generic:
    guarantee     warrant


  Verb Group:
    cover     cover     compensate     overcompensate


 

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