Insured


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Related to Insured: Named Insured, self insured

Insured

The property or persons covered by an insurance policy.

Insured

Describing a person or organization with an insurance policy of any kind.
References in periodicals archive ?
The court concluded that the insured intended to strike and cause pain.
If the insured chooses to complete the sale, and his beneficiary agrees to it, the VSP pays the agreed amount in a lump sum to the policy owner and takes over all future premium payments under the policy.
The plans contain a maximum premium the insured company can pay, even with very poor loss experience.
Often, entities choose to give insurance policies to insured executives on their retirement.
If the annual deposit provisional premium is quite high--$10,000, for example--it is best to use installments to spread the premium outlay for the insured.
If the insured has a captive within its group, then it may be possible to use some ideas listed above to more effectively use the captive.
But in many states, the insured is not limited by the words and allegations of the complaint.
brokering, insuring or reinsuring a hull or liability policy that names as an additional insured an entity on the Specially Designated Nationals list, such as a bank in Iran or Libya that holds a mortgage or security interest in the covered asset, such as an aircraft, vessel or building;
Before entering into your next agreement, consider the following myths about additional insured coverage and best practices tips:
In contrast, other jurisdictions have applied the rule even where the policy contains a clause limiting coverage to injuries which disable the insured within a specific number of days from the accident.
insured would have to take reasonable steps to determine whether the foreign insurer is indeed entitled to treaty benefits.