noun
- plural of assured; persons whose lives or property are insured under an insurance policy
Usage: chiefly used in insurance and legal contexts
Examples
- The insurance company notified all assureds of the policy changes.
- In case of a claim, the assureds must provide documentation of their losses.
- The contract protects the assureds against unforeseen accidents.
- Multiple assureds can be listed on a single commercial insurance policy.
- The assureds received their settlement checks within two weeks.