Insured

{
  "id": "MLC-T-INS-001872",
  "term": "Insured",
  "field": "Insurance and risk management",
  "definition": "The person, group, or entity whose life, property, or liability is covered by an insurance policy. This party receives financial protection or benefits from the insurer in the event of a covered loss or occurrence. The insured is typically responsible for paying premiums and adhering to the terms and conditions outlined in the insurance contract.",
  "url": "https://mlchart.com/terminology/insurance/insured/"
}