Insured (Noun)
Meaning
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..
Classification
Nouns denoting people.
Examples
- The company provides its employees with a comprehensive health insurance package as an insured.
- As the insured, Sarah benefits from the financial protection provided by her life insurance policy.
- His wife was the insured on their home insurance policy, which paid out generously after the theft.
- Once the insurance agent verified the policy details, John was officially confirmed as the insured.
- The insured was reimbursed for the full amount of the damages after filing a claim with the insurance company.