Definition of insured

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Insured (imp. & p. p.) of Insur.

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Warranty :: Warranty (n.) A stipulation or engagement by a party insured, that certain things, relating to the subject of insurance, or affecting the risk, exist, or shall exist, or have been done, or shall be done. These warranties, when express, should appear in the policy; but there are certain implied warranties..
Assured :: Assured (n.) One whose life or property is insured.
Abandonment :: Abandonment (n.) The relinquishment by the insured to the underwriters of what may remain of the property insured after a loss or damage by a peril insured against.
Insurant :: Insurant (n.) The person insured.
Loss :: Loss (v. t.) Destruction or diminution of value, if brought about in a manner provided for in the insurance contract (as destruction by fire or wreck, damage by water or smoke), or the death or injury of an insured person; also, the sum paid or payable therefor; as, the losses of the company this year amount to a million of dollars..
Insured :: Insured (imp. & p. p.) of Insur.
Insure :: Insure (v. t.) 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..
Unassured :: Unassured (a.) Not insured against loss; as, unassured goods..
Insurable :: Insurable (a.) Capable of being insured against loss, damage, death, etc.; proper to be insured..
Abandon :: Abandon (v. t.) To relinquish all claim to; -- used when an insured person gives up to underwriters all claim to the property covered by a policy, which may remain after loss or damage by a peril insured against..
Reinsurance :: Reinsurance (n.) A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.
Insurance :: Insurance (n.) The sum for which life or property is insured.
Assured :: Assured (a.) Made sure; safe; insured; certain; indubitable; not doubting; bold to excess.
Deviation :: Deviation (n.) The voluntary and unnecessary departure of a ship from, or delay in, the regular and usual course of the specific voyage insured, thus releasing the underwriters from their responsibility..
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