Insured

ɪnˈʃʊrd

verbBeginner📊CommonBusiness
2 meanings3 questions

Definitions

2 meanings
1

Protected by an insurance policy against a particular risk or loss.

ɪnˈʃʊrd

verbneutralBeginner
Business

Past participle of 'insure': to have an insurance policy

The car was insured the day before the accident.

💡 Simply: It's like having a safety net. If something bad happens, like a car accident or a fire, your insurance company will help pay for it. So, if your car is damaged, and you're *insured*, the insurance company might help pay to fix it.

👶 For kids: When something is insured, it means you have a special plan to help pay for it if something bad happens, like a car accident or a fire.

More Examples

2

She made sure her travel plans were insured against cancellation.

3

Are you insured for liability?

How It's Used

Finance

"The house is insured against fire and flood."

Healthcare

"He is insured through his employer."

2

Having insurance coverage; protected by an insurance policy.

ɪnˈʃʊrd

adjectiveneutralBeginner
Business

Protected by an insurance policy.

The insured vehicle was involved in a collision.

💡 Simply: Imagine your bike is *insured*. This means you have a plan in case something happens to it, like if it gets stolen. The insurance company will step in and help you get a new one.

👶 For kids: When something is insured, it means there is a special helper that will help you if you lose your toy or your bike.

More Examples

2

The insured amount was enough to cover the damages.

3

Is this property insured against theft?

How It's Used

Finance

"The insured property was damaged by the storm."

Healthcare

"The insured patient received excellent care."

Tip:Consider the 'insured' person or item as already safeguarded against potential loss.

Synonyms & Antonyms

From the verb 'insure', derived from Middle French 'assecurer' (to assure) and Italian 'assicurare' (to make sure). The past participle form reflects the state of being covered by an insurance policy.

The term 'insured' has been in use since the late 18th century, initially referring to property and gradually extending to other areas like life and health.

Memory tip

Think of someone who is assured or safe because they have insurance.

Word Origin

LanguageItalian
Original meaning

"to assure, to make secure"

fully insuredinsured propertyinsured amountinsured partyinsured individual

Common misspellings

insurredinsruedinshured

Usage

40%Spoken
60%Written