INSURED PERSON Meaning and
Definition
-
An insured person is an individual who has obtained insurance coverage for themselves or is covered by a policyholder's insurance plan. This term is commonly used within the context of various insurance policies, including health, life, auto, home, and liability insurance, where the insured person is the recipient of the benefits provided by the policy.
In health insurance, an insured person refers to an individual who has enrolled in a health insurance policy, whether it is through an employer, privately purchased, or through a government program. The insured person is entitled to receive medical services and coverage for necessary treatments, subject to the terms and conditions of the policy.
Similarly, in life insurance, the insured person is the individual whose life is insured by the policy. In the event of the insured person's death, the policy's beneficiaries will receive the designated death benefit.
When it comes to auto insurance, the insured person is the driver or owner of the insured vehicle, and they receive coverage for damages or losses incurred due to accidents, theft, or other covered events.
In home insurance, the insured person is the homeowner or renter who is covered for damages to the property or personal belongings caused by covered perils like fire, theft, or natural disasters.
Overall, the term "insured person" refers to the individual who is protected by an insurance policy and eligible to receive benefits outlined within the policy agreement.
Common Misspellings for INSURED PERSON
- unsured person
- jnsured person
- knsured person
- onsured person
- 9nsured person
- 8nsured person
- ibsured person
- imsured person
- ijsured person
- ihsured person
- inaured person
- inzured person
- inxured person
- indured person
- ineured person
- inwured person
- insyred person
- inshred person
- insjred person
- insired person
Etymology of INSURED PERSON
The word "insured person" is a compound term consisting of two words: "insured" and "person".
The term "insured" is derived from the verb "insure", which comes from the Old French word "ensurer" meaning "to assure, ensure". The Old French word is derived from the Latin word "securus", meaning "safe" or "secure".
The word "person" has its origins in the Latin word "persona", which originally referred to the mask worn by actors in ancient Greek and Roman theater. Over time, it evolved to mean an individual human being, and this meaning is retained in the word "person" today.
Therefore, when combined, the term "insured person" refers to an individual who has taken out insurance and is protected by an insurance policy against certain risks or losses.
Similar spelling word for INSURED PERSON
Infographic
Add the infographic to your website:
