insured
US /ɪnˈʃʊrd/
UK /ɪnˈʃʊrd/

1.
covered by insurance
:
•
Make sure your car is fully insured before you drive it.
•
All the valuable items in the house are insured against theft.
1.
a person or organization covered by an insurance policy
:
•
The insurance company will compensate the insured for the damages.
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As the insured, you have certain rights and responsibilities.