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nouna 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.
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"an insured risk" "all members of the film cast and crew are insured"adjectivecovered by insurance
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Definition that contains insured
- uninsurable not capable of being insured or not eligible to be insured
- insurable capable of being insured or eligible to be insured
- subrogate substitute one creditor for another, as in the case where an insurance company sues the person who caused an accident for the insured
- insurable interest an interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insured
- reinsurance sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured
- life assurance insurance paid to named beneficiaries when the insured person dies
- straight life insurance insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
- cash surrender value the amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured
- life insurance insurance paid to named beneficiaries when the insured person dies
- whole life insurance insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured