Quick Answer: What Is Another Word For Insured?

What is the similar meaning of cover?

SYNONYMS.

put something on top of, place something over, place under cover.

protect, shield, shelter.

envelop, enfold, engulf, enclose, tuck, cup, surround, house, sink, embed, bury, submerge, immerse..

What does the word insurance mean?

1 : an agreement by which a person pays a company and the company promises to pay money if the person becomes injured or dies or to pay for the value of property lost or damaged. 2 : the amount for which something is insured. 3 : the business of insuring persons or property.

What is the meaning of insured person?

Definitions of insured person. noun. a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc.

Is Insuree a word?

Noun. The person or entity protected by or receiving insurance provided by the insurer.

Who is an insured employee?

An employer-employee insurance policy is one in which the employer or company purchases insurance policy and the beneficiary is its employees. It is a benefit provided by an organization to its employees.

What is insurance money called?

An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance. Once earned, the premium is income for the insurance company.

Is were present or past tense?

Meaning – Were is the past tense of the verb are. Look at this example of were used in a sentence. Since were means the same as the past tense of are in this sentence, it is the correct word to use.

What is the difference between insurer and insured?

1) An insurance policy is a contract between the insurer and the insured. 2) The insured is the person whose life is being covered against the risk under the policy. 3) The insurer is the insurance company that provides the insurance cover.

What is insurance simple words?

Insurance is a term in law and economics. It is something people buy to protect themselves from losing money. … In exchange for this, if something bad happens to the person or thing that is insured, the company that sold the insurance will pay the money back.

What are the 4 types of insurance?

Different Types of General InsuranceHome Insurance. As the home is a valuable possession, it is important to secure your home with a proper home insurance policy. … Motor Insurance. Motor insurance provides coverage for your vehicle against damage, accidents, vandalism, theft, etc. … Travel Insurance. … Health Insurance.

What are the advantages of insurance?

The following are the advantages of insurance:Providing Security: ADVERTISEMENTS: … Spreading of Risk: The basic principle of insurance is to spread risk among a large number of people. … Source for Collecting Funds: ADVERTISEMENTS: … Encourage Savings: … Encourage International Trade:

Which insurance is best?

Best Life Insurance Plans in India 2021Insurance PlanEntry Age (Minimum/Maximum)Policy Term (Minimum/Maximum)Aegon Life i-Term Plan18/75 years5/40 yearsAviva Life Shield Advantage Plan18/55 years10/30 yearsBajaj Allianz i-Secure18/70 years10/30 yearsBharti AXA Life Premium Protect Plan18/65 years10, 15/35 years5 more rows

Is policyholder and insured the same?

The policyholder: Person who owns the policy. The insured: Person whose life is insured. The beneficiary: Person who collects the death benefit when the insured person dies.

What is the meaning of insured?

noun. the person, group, or organization whose life or property is covered by an insurance policy.

What does wrapping mean?

Princeton’s WordNet. wrapping, wrap, wrapper(noun) the covering (usually paper or cellophane) in which something is wrapped. swathe, wrapping(noun)

What does wrapping your car mean?

A car wrap is a series of vinyl decals that are placed over the body panels of the vehicle, letting you drastically change its appearance. … Wrapping differs from a paint job in that the decals can be removed later with no impact on the existing paint, assuming the wrap was maintained correctly.

What does wreck mean?

(Entry 1 of 2) 1 : something cast up on the land by the sea especially after a shipwreck. 2a : shipwreck. b : the action of wrecking or fact or state of being wrecked : destruction.

What is the meaning of gift wrapping?

Gift wrapping is the act of enclosing a gift in some sort of material. Wrapping paper is a kind of paper designed for gift wrapping. … A wrapped or boxed gift may be held closed with ribbon and topped with a decorative bow (an ornamental knot made of ribbon).

Which car insurance policy is best?

Best Car Insurance Policy in India 2020Car Insurance CompaniesNetwork GaragesPA Cover Owner/ DriverEdelweiss Car Insurance1000+Up to Rs. 15 lakhsFuture Generali Car Insurance2500+Up to Rs. 15 lakhsIFFCO Tokio Car Insurance4300+Up to Rs. 15 lakhsKotak Mahindra Car Insurance1000+Up to Rs. 15 lakhs6 more rows

What another word for could?

What is another word for could?wouldcanpossibly willmight perhapscould perhapscould potentiallymight possiblymight potentiallypotentially willmay potentially4 more rows

What is the relationship between insurer and insured?

As mentioned earlier, the ‘insurer’ is the one calculating risks, providing insurance policies, and paying out claims. The ‘insured,’ on the other hand, is the person (or people) covered under the insurance policy.

What is a synonym for insure?

Some common synonyms of insure are assure, ensure, and secure.

What is a better word for was?

What is another word for was?appearedbecamelookedseemedcame to behad beenhas beenhave beenturned out to bewere2 more rows

Why the insurance is important?

Buying insurance is important as it ensures that you are financially secure to face any type of problem in life, and this is why insurance is a very important part of financial planning. A general insurance company offers insurance policies to secure health, travel, motor vehicle, and home.

What is another word for were?

What is another word for were?madewassymbolizedUStypifiedappearedseemedlookedhave beenfeltturned77 more rows

Which type of insurance is best?

Term Life Insurance Plans Term insurance is the purest and most affordable form of life insurance in which, you can opt for a high life cover for a specific period.

Who is the insurer name?

An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter.