insured


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Related to insured: Named Insured, self insured
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Synonyms for insured

a person whose interests are protected by an insurance policy

covered by insurance

Antonyms

Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
In ruling that the insurer had no obligation to obtain the insured's consent before settling a claim under the policy language at issue, the court rejected an argument by the insured that the existence of a $25,000 self-insured retention "somehow separates this single policy into two, leaving [the insured] with absolute authority over small claims (those less than $25,000) and [the insurer] with power over the remainder." (26) As explained by the court, the insurer believed that one way to offset the high risk of claims associated with the fireworks industry was to bargain for the power to settle claims quickly which is why it sought, and acquired, the "discretion" under the policy to make settlements without having to consult the insured.
With more than 25 years of insurance experience, the experts at Get Insured CT have built a solid reputation as one of Connecticut's leading insurance agencies.
By insuring 95% of the underlying Brazilian debentures, the SERV contract covers 100% of the insured notes issued by Swiss Insured Brazil Power Finance S.A.
Costs would include CandF Value, plus Import Duties/Taxes, Clearance and Transportation, as well as Installation Costs of the Insured Machinery/Property.
Other models, such as the 2014 Dodge Challenger R/T, see a less extreme discrepancy between average selling price and average insured value, but the difference is still there.
In contrast, an Additional Insured is a third party with whom the Named Insured has a close business relationship.
succeed to all rights, titles, powers and privileges of the insured depository institution."