Definition Name Of Insured

Insurer synonyms insurer pronunciation insurer translation english dictionary definition of insurer.

Definition name of insured. Susie cagle curbed california s changing fire country 10 oct. The person who procures an insurance on his property. Recent examples on the web since the fires insureds have been provided emergency rental housing funds that are set to expire in one more year. Least expensive alternative treatment leat.

Additional drivers may be listed on a policy but only named insured drivers can make changes to a policy. A clause in an insurance policy that indicates that the insurer will only cover the least expensive option for treatment repair or remediation. It is the duty of the insured to pay the premium and to represent fully and fairly all the circumstances relating to the subject matter of the insurance which may influence the determination of the underwriters in undertaking the risk or estimating the premium. Insured definition the person group or organization whose life or property is covered by an insurance policy.

A concealment of such facts amounts to a fraud which. He or she or the legal representative of the organization is the only one allowed to transact with the insurer in most cases like modifications and claims. Policies can have more than one named insured driver a spouse for example. In some cases more than one entity may be designated as named insureds.

2018 talks are underway for health plans to cover rides for their insureds switaj said. Named insured any person firm or organization or any of its members specifically designated by name as an insured s in an insurance policy as distinguished from others that although unnamed fall within the policy definition of an insured. Insured definition is a person whose life or property is insured. Named insured is the listed owner of a policy and is the only recognized as such by the insurance company.

The named insured can be a person or an organization. Named insured definition is a person specifically named in an insurance contract as the insured as distinguished from one protected under a policy whether so named or not.