insured

Pluralinsureds

1. 1
   verb

   Simple past and past participle of insure.

   The couple insured their home against flood damage after the storm season began.

   The shipment had been insured for its full value before it left the port.

   Note

   A regular -ed form, doing duty as the simple past and after have or be. The passive is especially common, and two prepositions do most of the work: against names the risk (insured against flood damage), for names the sum (insured for its full value). The same spelling also stands as the noun for the covered party.

2. 2
   adjective

   Covered by an insurance policy.

   The storm caused billions of dollars in insured losses along the coast.

   Make sure the contractor is licensed and fully insured before any work begins.

   Similarcovered

   Oppositeuninsured

3. 3
   noun

   The party covered by an insurance policy, whether a single person or several.

   The insured must report any loss within thirty days of discovering it.

   Under the policy, the insurer will reimburse the insured for reasonable repair costs.

   Similarinsuree

   Note

   Policies and claims forms use it as a noun, nearly always with the: the insured is the party covered, set against the insurer, the company that pays. One word can stand for one person or several, and the plural insureds appears when covered parties are counted one by one. Insuree and insurant mean the same thing but are far rarer in policy wording.

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