What do you call a insured person?

crazy, foolish, goofy, illogical, irrational, laughable, ludicrous, nonsensical, preposterous, silly, stupid, unreasonable, wacky, loony, tomfool, batty, campy, daffy, dippy, flaky.

Is insureds a word?

1. insured – 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.

What is the plural of insured?

the insured. noun. (plural the insured)

Whats the definition of insured?

Definition of insured : a person whose life or property is insured.

What is the difference between the insured and the policyholder?

The policyholder is the person or organization in whose name an insurance policy is registered. The insured is the one whor has or is covered by an insurance policy. The beneficiary is the person who receives the insurance proceeds from a life insurance policy or annuity.

What is the difference between the insurer and the insured?

Insured is the person who is covered against risk. On the other hand, the insurer is the company that is providing coverage. It is a service that an insurer provides under a particular insurance policy against a premium paid by the policyholder.

Who is a policyholder?

A policyholder (or policy holder) is the person who owns the insurance policy. In most cases, the policyholder is the only person who can change the policy. The policyholder is also the person that is responsible for making sure premium payments are up-to-date.

What is insured and named Rider?

A named driver is usually insured on a vehicle where another person does the majority of the driving. The named driver is only insured on that particular vehicle and they will benefit from the same amount of cover as the main driver.

Who is an insured under a commercial policy?

An individual, you and your spouse are insureds, but only with respect to the conduct of a business of which you are the sole owner. b. A partnership or joint venture, you are an insured. Your members, your partners, and their spouses are also insureds, but only with respect to the conduct of your business.

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