The insured is the person who is insured by a particular policy.
[law]
Once the insured has sold his policy, he naturally loses all rights to it.
insured in British English
(ɪnˈʃʊəd, -ˈʃɔːd)
adjective
1.
covered by insurance
an insured risk
noun
2.
the person, persons, or organization covered by an insurance policy
insured in American English
(ɪnˈʃʊrd)
noun
a person whose life, property, etc. is insured against loss
insured in Insurance1
(ɪnʃʊərd)
adjective
(Insurance: General)
An insured item or person is covered by insurance.
Auto insurance coverage provides protection in the event of physical damage to, ortheft of, the insured car.
An example of bodily injury is where an insured driver causes bodily harm to a third party and is deemed responsible for the injuries.
An insured item or person is covered by insurance.
insure, overinsured, underinsured, uninsured
insured in Insurance2
(ɪnʃʊərd)
Word forms: (regular plural) insureds
noun
(Insurance: General)
An insured is a person or organization covered by an insurance policy.
The payments made while the insured is living are deducted from any death benefits paid to beneficiaries.
If your mother applies for and is issued a policy on your life, then she is the policyowner and you are the insured.
An insured is a person or organization covered by an insurance policy.
insure
Examples of 'insured' in a sentence
insured
For example, a significant gap persists in the availability and quality of care for insured and uninsured patients.
McKenzie, James F. & Pinger, Robert R. An Introduction to Community Health (1995)
The existence of deposit insurance increased moral hazard for banks because insured depositors had little incentive to keep the banks from taking on too much risk.
Mishkin, Frederic S. Financial Markets, Institutions and Money (1995)
Things become more complex again when the insured party and the insurer join forces to claim against the party responsible for both insured and uninsured losses.
Times, Sunday Times (2009)
The fact that insured depositors would not monitor these narrow banks would minimize moral hazard because the assets of the narrow banks bear almost no risk anyway.
Mishkin, Frederic S. Financial Markets, Institutions and Money (1995)
The cost of insured losses from the storm was about 3.5 billion in today's prices.
Times, Sunday Times (2010)
By excluding insured retail deposits, the 0.15 per cent levy on liabilities is focused on wholesale funding.
Times, Sunday Times (2010)
The levy is imposed on the worldwide balance sheets of UK banks, excluding insured deposits and high quality capital.
Times, Sunday Times (2011)
The new deal is quite sensible in a number of ways: it fully protects all insured deposits up to the €100,000 threshold of the deposit guarantee scheme.
Times, Sunday Times (2013)
In other languages
insured
British English: insured /ɪnˈʃʊəd; -ˈʃɔːd/ ADJECTIVE
If someone or their property is insured, they pay money to an insurance company so that, if they become ill or if their property is damaged or stolen, the company will pay them a sum of money.