CANADIAN INSURANCE TERM
Insured
A person or organization that is protected under an insurance policy, subject to the policy definitions, conditions and coverage.
Plain-language definition. A real policy, endorsement and provincial law can use more specific wording than a glossary summary.
TermInsured
ContextCanadian insurance
Source typeIndustry glossary
Policy wordingControls claim
What does Insured mean?
A person or organization that is protected under an insurance policy, subject to the policy definitions, conditions and coverage.
The person paying for a policy is not always the only insured person. Policies can define named insureds, additional insureds and other protected persons differently.
Insured in practice
A household auto policy may identify a named insured while also extending certain protection to other eligible drivers under the policy wording.