Phrases with «insured event»

An "insured event" refers to a specific occurrence that is covered by an insurance policy. It could be an accident, damage, loss, or even a death, depending on the type of insurance. When such an event happens, the insurance company provides financial compensation or assistance as per the terms of the policy. Full definition

Related phrases

Sentences with «insured event»

  • Life insurance deals with such insured events as death and accidental death, excluding suicide, war and some other factors from the insurer's liability. (allinsuranceinfo.org)
  • An insurance policy provision which prevents more than one limit or deductible from applying to a single insured event. (investopedia.com)
  • However, in health insurance, there are multiple insured events (hospitalization, day care procedures, organ donor, maternity etc) and these events vary across policies. (personalfinanceplan.in)
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