insured person


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Noun1.insured person - a person whose interests are protected by an insurance policyinsured person - 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.
individual, mortal, person, somebody, someone, soul - a human being; "there was too much for one person to do"
References in periodicals archive ?
The amount of insurance premiums is recalculated every three years, and taking as an example the monthly premium paid by a Category 1 insured person aged 65 or over, the nationwide average during the first period (fiscal 2000-2002) was ??2,911, and by the current seventh period (fiscal 2018-2020) this had roughly doubled to ??5,869.
An official source told reporter here on Wednesday that EOBI schemes insured persons who are entitled to avail benefit like, Old-Age Pension (on the event of retirement), Invalidity Pension (In case of permanent disability), Old-Age Grant (an Insured Person attained superannuation age, but does not posses the minimum threshold for pension) Survivor's Pension (in case an Insured Person is expired).
n) Average annual score--the number of points achieved by the insured person, calculated by dividing the total points achieved by him/her throughout the period of activity to the number of years corresponding to the full contribution period required by law at the date of retirement;
Hijacking is covered in the third insuring agreement as long as it is for an "insured person," which includes directors, trustees, partners, members or employees of any insured, and relatives, guests or residents in the household of an insured person or a messenger.
Besides, it provides sickness benefits in cash at the rate of 70 per cent of wages to the insured person for a maximum of 91 days in a year, 90 per cent of the insured person's wage comes as disablement bene-fits, 90 per cent as dependent benefit and Rs 10,000 as funeral benefit to the dependents or whoever performs the last rites of the insured.
Under EOB Scheme, Insured Persons are entitled to avail benefit like, Old-Age Pension (on the event of retirement), Invalidity Pension (In case of permanent disability), Old-Age Grant (an Insured Person attained superannuation age, but does not posses the minimum threshold for pension) Survivor's Pension (in case an Insured Person is expired) EOBI does not receive any financial assistance from the Government for carrying out its Operations.
Sometimes, an uninsured person uses the health insurance facility o n behalf of an Insured person by fraudulently using the name of insured person on claims documentation.
In Cragg, the policy stated that no coverage was provided for "bodily injury to an insured person ...
* a child who is infirm by reason of any physical or mental abnormality or injury and is wholly dependant on the earnings of the insured person, so long as the infirmity continues;
Basically, the D&O policy is designed to cover a claim--defined as a demand for monetary or non-monetary relief resulting from an alleged wrongful act (a negligent act, error or omission) committed by an insured person (a director, officer).
ESOP Select can deploy up to $100 million per insured person of disability protection, which can protect ESOP debt or repurchase obligations should a key shareholder become seriously disabled.
Pay Continuation Plan is a Tick box insurance product that has been designed to make sure that the family of the insured person keeps receiving an amount equal to the insured person's monthly salary for up to 5 years in case of the unfortunate demise of the insured.