'indemnifies'
[indemnify.v.01] as in: secure against future loss, damage, or liability; give security for


Examples:
This plan indemnifies workers against wages lost through illness


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'indemnifies'
[compensate.v.02] as in: make amends for; pay compensation for


Examples:
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



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