Insured: meaning, definitions and examples
๐ก๏ธ
insured
[ ษชnหสสrd ]
financial context
The term 'insured' refers to an individual or entity that is covered by an insurance policy. This means that they have protection against certain risks or damages, as specified in their insurance agreement. In case of a covered event, the insured party can file a claim to receive compensation from the insurance provider. By being insured, individuals or businesses can mitigate financial losses that may arise from unpredictable incidents.
Synonyms
Examples of usage
- The insured party filed a claim after the car accident.
- It is important to ensure that all valuable assets are insured.
- Being insured provides peace of mind during uncertain times.
Translations
Translations of the word "insured" in other languages:
๐ต๐น segurado
๐ฎ๐ณ เคฌเฅเคฎเคฟเคค
๐ฉ๐ช versichert
๐ฎ๐ฉ diasuransikan
๐บ๐ฆ ะทะฐัััะฐั ะพะฒะฐะฝะธะน
๐ต๐ฑ ubezpieczony
๐ฏ๐ต ไฟ้บใซๅ ฅใฃใฆใใ
๐ซ๐ท assurรฉ
๐ช๐ธ asegurado
๐น๐ท sigortalฤฑ
๐ฐ๐ท ๋ณดํ์ ๊ฐ์ ๋
๐ธ๐ฆ ู ุคู ู ุนููู
๐จ๐ฟ pojiลกtฤnรฝ
๐ธ๐ฐ poistenรฝ
๐จ๐ณ ๆไฟ็
๐ธ๐ฎ zavarovan
๐ฎ๐ธ vรกtryggรฐur
๐ฐ๐ฟ ัะฐาัะฐะฝะดัััะปาะฐะฝ
๐ฌ๐ช แแแแฆแแแฃแแ
๐ฆ๐ฟ sฤฑฤortalanmฤฑล
๐ฒ๐ฝ asegurado
Etymology
The word 'insured' comes from the verb 'insure', which itself derives from the Middle French term 'ensurer', meaning 'to make sure'. The root of 'insure' relates to the concept of assurance or security, and it dates back to the 14th century. In early finance, insurance acted as a promise of indemnity or compensation for loss. The evolution of insurance as a formal industry began in the late 17th century, with policies emerging in England to cover maritime risks. The term has since been expanded to cover various forms of insurance, including life, health, and property, reflecting societal changes in how risks were evaluated and managed over time.
Word Frequency Rank
Ranking #3,540, this word is part of upper-intermediate vocabulary. While not among the most basic terms, it appears often enough to be valuable for advanced communication.
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- 3537 reign
- 3538 controversy
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