insured person
Học thuậtThân thiện
Definition
Noun: A person who is covered by an insurance policy. This individual has a contract with an insurance company, which promises to provide financial compensation for specific types of loss, damage, illness, or death.
Usage
The term "insured person" is used to identify the individual who holds the insurance policy and is entitled to its benefits. It is a formal term common in legal, financial, and insurance contexts. * The insured person must notify the company of any accident within 30 days. * Only the insured person or a named beneficiary can file a claim.
Examples
- The policy details were sent directly to the insured person.
- As the insured person, you are responsible for paying the premiums on time.
- The form requires the signature of the insured person.
Advanced Usage
- "Named insured person": This specifies the primary individual listed on the insurance policy contract. Other covered individuals may be listed as additional insureds.
- John Doe is the named insured person on the homeowner's policy.
Variants and Related Words
- Insured (noun/adjective): A common shorter form with the same meaning. Can function as a noun ("the insured") or an adjective ("the insured individual").
- Policyholder (noun): A near-synonym, emphasizing the person who owns the insurance contract. While often the same as the insured person, a policyholder could be an entity (like a company) insuring someone else.
- Beneficiary (noun): A related but distinct term for the person designated to receive the insurance payout, especially upon the death of the insured person.
Synonyms
- Policyholder
- The insured
- Coverholder (less common)
Antonyms
- Insurer
- Insurance company
- Carrier
Noun
- 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.