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Insurer And Insured Meaning. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. Thus, insurance refers to a contractual arrangement in which one party (insurance company or the insurer) agrees to compensate the loss or damage sustained to another party (the insured), by paying a definite amount in exchange for an. The insured is the person or entity who is covered by the insurance policy. A fire insurance contact may be defined as ‘an agreement’ whereby one party in return for a consideration.

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Copyright 2005, 1997, 1991 by random house, inc. A fire insurance contact may be defined as ‘an agreement’ whereby one party in return for a consideration. Insurer definition, a person or company that contracts to indemnify another in the event of loss or damage; So now here mr.charlie is the insured and the insurance company is the insurer. A person or company that contracts to indemnify another in the event of loss or damage; An insurer’s reservation of rights letter properly notifies an insured that certain policy provisions ultimately may bar or limit coverage for a claim against the insured, depending on further factual development.

The first is the named insured, meaning the individual or company designated by name in the policy.

A fire insurance is an agreement between two parties, i.e., insurer and insured, whereby insurer undertakes to indemnify the loss suffered by the insured in consideration for his (insured) paying of certain sum called ‘premium’. An insurer is frequently an insurance company and is also known as an underwriter. A fire insurance contact may be defined as ‘an agreement’ whereby one party in return for a consideration. A person or thing that insures. Insured is the person who is covered against risk. The meaning of insurer is one that insures;

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But under terms and conditons of the insurance. An insurer provides insurance policies, while an insured is protected by those insurance policies. While an insurance company is the “insurer,” the purchaser of insurance would be the “insured.” the exact losses covered and the exact cost of the premiums are laid out in the contractual agreement between the insurer and the insured. A fire insurance is an agreement between two parties, i.e., insurer and insured, whereby insurer undertakes to indemnify the loss suffered by the insured in consideration for his (insured) paying of certain sum called ‘premium’. Insurers means the underwriters or insurance companies with whom any insurance is effected and the manager of any protection and indemnity or war risks association in which the vessel may at any time be entered;

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Copyright 2005, 1997, 1991 by random house, inc. An insurer provides insurance policies, while an insured is protected by those insurance policies. A person or company that contracts to indemnify another in the event of loss or damage; An insurer provides insurance policies, while an insured is protected by those insurance policies. Copyright 2008 the gale group, inc.

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The insured bears a part of damages or claims after the predetermined deductible is satisfied by the insured under the insurance contract. A person or company that contracts to indemnify another in the event of loss or damage; Insured and insurer •depending on the particular role undertaken by the broker in any given transaction, a broker may be found to be acting either as agent of the insured for certain functions (completing and filing the application for insurance) or as agent of the insurer (binding coverage). An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter. Thus, insurance refers to a contractual arrangement in which one party (insurance company or the insurer) agrees to compensate the loss or damage sustained to another party (the insured), by paying a definite amount in exchange for an.

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It is a service that an insurer provides under a particular insurance policy against a premium paid by the policyholder. The named insured may be a sole proprietorship, partnership, corporation or another type of entity. Insured definition, the person, group, or organization whose life or property is covered by an insurance policy. An insured is a person who is the buyer of the insurance policy. So now here mr.charlie is the insured and the insurance company is the insurer.

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The named insured may be a sole proprietorship, partnership, corporation or another type of entity. The first is the named insured, meaning the individual or company designated by name in the policy. An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter. A person or thing that insures. Insurer intervention—how, why, and when.

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An insured is the proposer of the policy who pays premium as the consideration to the insurance company. The insurer is the entity (insurance company)that pays to, or. An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. On the other hand, the insurer is the company that is providing coverage. A fire insurance contact may be defined as ‘an agreement’ whereby one party in return for a consideration.

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The first is the named insured, meaning the individual or company designated by name in the policy. How to use insurer in a sentence. The first is the named insured, meaning the individual or company designated by name in the policy. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. Insurance company is the insurer may be private or government organization who pays benefit if any damage occurred to mr.charlie’s car.

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An insured is the proposer of the policy who pays premium as the consideration to the insurance company. The named insured may be a sole proprietorship, partnership, corporation or another type of entity. West�s encyclopedia of american law, edition 2. So now here mr.charlie is the insured and the insurance company is the insurer. Each party must follow specific terms in order for the insured to be indemnified for their loss

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Copyright 2005, 1997, 1991 by random house, inc. An insured is the proposer of the policy who pays premium as the consideration to the insurance company. An insurer provides insurance policies, while an insured is protected by those insurance policies. Insurer definition, a person or company that contracts to indemnify another in the event of loss or damage; How to use insurer in a sentence.

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Copyright 2005, 1997, 1991 by random house, inc. A person or thing that insures. Coinsurance is defined as the sharing of risk between an insurer and an insured. The insurer is the entity (insurance company)that pays to, or. Insured is the person who is covered against risk.

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A person or company that contracts to indemnify another in the event of loss or damage; An insured is a person who is the buyer of the insurance policy. While an insurance company is the “insurer,” the purchaser of insurance would be the “insured.” the exact losses covered and the exact cost of the premiums are laid out in the contractual agreement between the insurer and the insured. Insurance company is the insurer may be private or government organization who pays benefit if any damage occurred to mr.charlie’s car. The named insured may be a sole proprietorship, partnership, corporation or another type of entity.

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The insured bears a part of damages or claims after the predetermined deductible is satisfied by the insured under the insurance contract. A type of status associated with general liability insurance policies that provides coverage to other individuals/groups that were not initially named. Insured definition, the person, group, or organization whose life or property is covered by an insurance policy. So now here mr.charlie is the insured and the insurance company is the insurer. A person or thing that insures.

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The meaning of insurer is one that insures; So now here mr.charlie is the insured and the insurance company is the insurer. Insurers means the underwriters or insurance companies with whom any insurance is effected and the manager of any protection and indemnity or war risks association in which the vessel may at any time be entered; Insurance company is the insurer may be private or government organization who pays benefit if any damage occurred to mr.charlie’s car. An insurer provides insurance policies, while an insured is protected by those insurance policies.

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The insured is the person or entity who is covered by the insurance policy. A type of status associated with general liability insurance policies that provides coverage to other individuals/groups that were not initially named. The insurer is the entity (insurance company)that pays to, or. Insurer definition, a person or company that contracts to indemnify another in the event of loss or damage; A fire insurance is an agreement between two parties, i.e., insurer and insured, whereby insurer undertakes to indemnify the loss suffered by the insured in consideration for his (insured) paying of certain sum called ‘premium’.

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The insured is the person or entity who is covered by the insurance policy. West�s encyclopedia of american law, edition 2. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The meaning of insurer is one that insures; Insured is the person who is covered against risk.

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Insured definition, the person, group, or organization whose life or property is covered by an insurance policy. Insurer definition, a person or company that contracts to indemnify another in the event of loss or damage; West�s encyclopedia of american law, edition 2. Hope you understand the meaning of the insurer and insured please post your valuable comment for improving. So now here mr.charlie is the insured and the insurance company is the insurer.

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An insured is a person who is the buyer of the insurance policy. This means mr.charlie is insured whose interests are protected by the insurance company. A type of status associated with general liability insurance policies that provides coverage to other individuals/groups that were not initially named. So now here mr.charlie is the insured and the insurance company is the insurer. An insurer provides insurance policies, while an insured is protected by those insurance policies.

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An insurer provides insurance policies, while an insured is protected by those insurance policies. An insured is the proposer of the policy who pays premium as the consideration to the insurance company. But under terms and conditons of the insurance. An insurer provides insurance policies, while an insured is protected by those insurance policies. A fire insurance is an agreement between two parties, i.e., insurer and insured, whereby insurer undertakes to indemnify the loss suffered by the insured in consideration for his (insured) paying of certain sum called ‘premium’.

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