Sun with dire rubbish covered (7)
I believe the answer is:
insured
'covered' is the definition.
(covered by insurance)
'sun with dire rubbish' is the wordplay.
'with' means one lot of letters go next to another.
'rubbish' indicates anagramming the letters (a poor quality or rubbish spelling of the letters).
'sun'+'dire'='sundire'
'sundire' with letters rearranged gives 'INSURED'.
(Other definitions for insured that I've seen before include "Financially covered" , "Financially protected" , "Covered for loss" , "Covered, maybe against damage to 23 ..." , "Protected against risk" .)