the insured

noun

law
: a person who has insurance : a person whose life, health, or property is insured
The insured must submit a report of damage to property within 90 days.

Examples of the insured in a Sentence

Recent Examples on the Web The benefit itself ix tax exempt but any interest earned on the benefit once the insured person has died is subject to tax. Winnie Sun, Forbes, 19 Apr. 2023 The initial lawsuit filings are typically just a few pages long and based on a template that can be filled in with the name of the insured driver and the date of repair, a streamlined process that helps auto glass lawyers quickly file thousands of cases with relative ease. Eli Tan, Washington Post, 12 Nov. 2023 The statements of property values provided to insurers and banks are notoriously inaccurate in favor of the insured and borrowers. WSJ, 5 Oct. 2023 Rather, there’s a lot more commonality in the medical care received and (not) paid for by the insured and the uninsured than those labels might suggest. Time, 18 Aug. 2023 But when there aren't any willing buyers, the FDIC will take over the failing bank and pay its depositors up to the insured limit. Elisabeth Buchwald, USA TODAY, 10 Mar. 2023 Since the insured deposit amount maximum is set by statute, this will require Congressional action. Lawrence J. White, Fortune, 24 July 2023 Although the uninsured are most likely to have medical debt, the insured also can be vulnerable. Carly Olson, Los Angeles Times, 7 June 2023 For joint trusts, each of the grantors’ interest is insured, so if John and Jane create a joint trust with both as grantors, and their three children are the beneficiaries, the insured amount is $1,500,000 ($250,000 x two grantors x three beneficiaries). Matthew Erskine, Forbes, 5 May 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'the insured.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“The insured.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/the%20insured. Accessed 16 Apr. 2024.

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