Who is an insured person?
Definitions of insured person. a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc. synonyms: insured. type of: individual, mortal, person, somebody, someone, soul. a human being.
What is a insured meaning?
Insured is a generic term that refers to any person or entity legally entitled to receive the benefits of an insurance policy, typically claim payments. Insurers make payments to insureds after they experience a covered loss, damage, or an injury that qualifies for payment under the policy's terms.
What is an example of insured?
An individual or company may get an insurance policy (making them the policyholder) that protects another person or entity (who is the insured). For example, when a company buys life insurance for an employee, the employee is the insured, and the company is the policyholder.
What is another name for insured?
Some common synonyms of insure are assure, ensure, and secure.
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