What is INSURED?

The person who obtains insurance on his property, or upon whose life an insurance is effected.

More On This Topic
  1. Can You Borrow Against a Term Life Insurance Policy?
  2. What Are the Different Types of Insurance?
  3. What Does Auto Liability Insurance Cover?
  4. The 9 Most Commonly Asked Questions About Last Wills And Testaments
  5. How To Find Out Who Owns A Property
  6. Squatter’s Rights & Adverse Possession: What You Need To Know
  7. Nepotism, Cronyism, & Favoritism: Illegal Or Unethical?
  8. Four Things to Understand About Community Property
  9. How to Close a Failed Bank Resolution
  10. What Do You Call a Life Insurance Policy That Pays Out Regardless of Whether the Policyholder Lives or Dies?

Related Legal Terms
FIRST NAMED INSURED, Continuously Insured, NAMED INSURED, OTHER INSURED RIDER, SELF-INSURED RETENTION (SIR), FULLY INSURED STATUS, OVER INSURED, SELF-INSURED, Additional Interest Insured, ADDITIONAL INSURED


Link to This Definition
Did you find this definition of INSURED helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary