Definition, Meaning & Synonyms
insured
noun/adjective
/ɪnˈʃʊrd/
Definition
A person or entity covered by an insurance policy.
Examples
- The insured received a payout after the car accident.
- All insured individuals must renew their policies annually.
- She felt secure knowing that her home was insured against natural disasters.
Meaning
The insured is the individual or entity that is protected by an insurance plan, receiving benefits in case of a loss or damage that the policy covers.
Synonyms
- policyholder
- covered
- beneficiary