Who Is Insured Person? 1) An insurance policy is a contract between the insurer and the insured. 2) The insured is the person whose life is being covered against the risk under the policy. … 4) The proposer is the person who takes the cover and is also called the policyholder. What is the meaning
Am I My Own Policyholder Health Insurance? Name of the insured: If you are the policyholder your name will appear here. If one of your family members is the main policyholder it will have their name above yours. Member ID Number: identifies you, the insured. Group number: Identifies your employer plan. Are you the insurance
At What Time The Interest Must Be Present In Case Of Life Insurance? At what time the interest must be present in case of life insurance? When buying life insurance, insurable interest must exist at the time the life insurance policy is purchased. If the policyholder and insured person are different, both the policyholder and