The ________ is the party who gets his life or property insured against risks.

Question

Question: The ________ is the party who gets his life or property insured against risks.

Options:

1.  Insured
2.  Insurer
3.  Assurer
4.  None

Answer 1

1. Insured

The Insured is the party who gets his life or property insured against risks.

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More information:

The Insured is one who buy any insurance policy to get his life or property to assure against risks or losses. They're compensated for the insurance claims.