insured

/in'ʃuəd/

Thân thiện

The insured driver receives a check after the minor accident.

Definition

1. Adjective:

   • Covered by insurance: Having protection against financial loss or damage through a formal contract with an insurance company.
   • Guaranteed by an insurance policy: Describing a person, property, or event for which an insurer has accepted liability.

2. Noun:

   • A person or entity covered by an insurance policy: An individual or organization whose life, health, property, or liabilities are protected under the terms of an insurance contract.
   • The policyholder: The party who holds the insurance contract and to whom benefits are payable.

Examples

• Adjective:
  • Make sure the package is insured before you ship it.
  • The driver was not insured at the time of the accident.
• Noun:
  • The insured must file a claim within 30 days of the incident.
  • The policy names the husband as the primary insured.

Advanced Usage

• "The insured" as a collective term: Often used with the definite article to refer collectively to all persons covered under a single policy.
  • The policy benefits are payable to the insured or their beneficiaries.
• "Named insured": The primary person or entity listed on the insurance policy document.
  • As the named insured, you are responsible for paying the premiums.

Variants and Related Words

• Insure (verb): To arrange for compensation in the event of damage or loss.
• Insurance (noun): The practice or arrangement of providing financial protection.
• Insurer (noun): The company that provides insurance.
• Co-insured (noun): An additional person or party covered under the same policy.

Synonyms

• Adjective: Covered, protected, indemnified, guaranteed.
• Noun: Policyholder, assured, beneficiary (in specific contexts), cover holder.

Related Phrases

• "Insured party": A formal term for the person or entity protected by the insurance.
  • The contract defines the rights of the insured party.
• "Insured event": A specific incident or occurrence covered by the policy.
  • Theft is an insured event under this policy.
• "Insured value": The amount for which something is insured.
  • The insured value of the painting is one million dollars.

Học thuật

Adjective

1. covered by insurance
   • an insured risk
   • all members of the film cast and crew are insured

Noun

1. 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.

Từ đồng nghĩa

• insured person