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Life Assured definition

Life Assured means the person named as the Life Assured in the Schedule whose life is assured under this Policy.
Life Assured means the person named in the Schedule on whose life the insurance cover under this Policy has been granted.
Life Assured means the person, named as such in the Policy Schedule, on whose life, the insurance cover is effected in the terms of this Policy

Examples of Life Assured in a sentence

  • The Policy will end when the total amount available under the Policy is withdrawn, or when the last Life Assured dies.

  • It ends when the last surviving Life Assured dies, or you withdraw the total amount available under the Policy in accordance with clause 8, or the value reduces to zero.


More Definitions of Life Assured

Life Assured means the person as stated in the Policy Schedule on whose life the contingent events have to occur for the Benefits to be payable. The Life Assured may be the Policyholder.
Life Assured. / “Life Insured” / Insured” means the person whose life is Assured under the Policy as shown on the Policy Schedule.
Life Assured means the person on whose life insurance/rider cover is granted.
Life Assured refers to the person named as the Life Assured in the Schedule or in an endorsement to this Policy. This Policy is made up of:
Life Assured means the person referred to under the Base Policy Schedule.
Life Assured means the person whose life is assured under the Policy.
Life Assured means the person named as such in the Policy Schedule and on whose life the insurance is taken;