Definition of Insured. Meaning of Insured. Synonyms of Insured

Here you will find one or more explanations in English for the word Insured. Also in the bottom left of the page several parts of wikipedia pages related to the word Insured and, of course, Insured synonyms and on the right images related to the word Insured.

Definition of Insured

Insured
Insure In"sure, v. t. [imp. & p. p. Insured; p. pr. & vb. n. Insuring.] [OE. ensuren, prob. for assuren, by a change of prefix. See 1st In-, and Sure, and cf. Assure, Ensure.] [Written also ensure.] 1. To make sure or secure; as, to insure safety to any one. 2. Specifically, to secure against a loss by a contingent event, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and sometimes hazardous debts are insured.

Meaning of Insured from wikipedia

- something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship. The insured receives a contract...
- The Insured Cash Sweep or ICS service is used by banks and savings ****ociations that are insured by the Federal Deposit Insurance Corporation (FDIC). In...
- In insurance policies, an additional insured is a person or organization who enjoys the benefits of being insured under an insurance policy, in addition...
- FDIC, "since its start in 1933 no depositor has ever lost a penny of FDIC-insured funds". The FDIC is not supported by public funds; member banks' insurance...
- promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events...
- employees using the company's own funds. This is different from fully insured plans where the employer contracts an insurance company to cover the employees...
- U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.4 trillion in ****ets. There are a few other banks not FDIC insured, e.g....
- protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued...
- Self-insurance is a situation in which a person or business that is liable for some risk does not take out any third-party insurance, but rather chooses...
- meaning that it includes all forms ****ociated with the agreement between the insured and insurer.: 10  In some cases, however, supplementary writings such as...