Life Insured definition

Life Insured means the person named in the Schedule, on whose life the Policy is effected;
Life Insured means the person whose life is insured under the Policy as shown in the Policy Schedule.
Life Insured means the Member as defined below.

Examples of Life Insured in a sentence

  • You must also, as soon as practicable, notify Us in writing if there is a change of address for the Life Insured (if any).

  • Your Policy will mature on the policy anniversary immediately before the Life Insured attains 100 years old.

  • Each Life Insured is only allowed to purchase and hold one policy at any time under the same Portfolio.

  • Upon death of the Life Insured while the policy is in force, We will pay 105% of Account Value, less any amounts owing to Us. When We make this payment, the policy ends.

  • If the Life Insured suffers directly or indirectly from the excluded events, We will return the Account Value on the date of event occurrence, less any amounts owing to Us from this policy.


More Definitions of Life Insured

Life Insured means the person, as specified in Schedule, on whose life the Life Cover is effected and at whose death, the death benefit under this Policy will be payable.
Life Insured means the person whose life is insured or assured under the Policy and is shown in the Policy Schedule.
Life Insured means the person named in the Schedule, who is also the policyholder, on whose life the Policy is effected;
Life Insured means the person named in the Schedule, whose life is insured under this Policy;
Life Insured means the person named as Life Insured in Policy Schedule 1 and also referred to as “Life Insured” or “he” or “his” in this Policy.
Life Insured means the person on whose life the Policy has been effected.
Life Insured or “Lives Insured” means the person(s) who has or have been insured by the Company under this Policy.