indemnify in WordNet English dictionary

1. 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"
   compensate  recompense  repair  indemnify 
   
2. secure against future loss, damage, or liability; give security for
   "This plan indemnifies workers against wages lost through illness"
   indemnify