Life Insured definition

Life Insured means the person named in the Schedule, on whose life the Policy is effected;

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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

The minimum Coverage Amount with respect to any one Life Insured under this Policy shall not be less than TTD $10,000 and maximum Coverage Amount shall not exceed $750,000.
The Life Insured shall not be prejudiced by any unintentional or inadvertent omission, error, incorrect description, the failure to pay premiums due to operational error or to comply with any of the provisions of this Policy, if same is subsequently corrected in accordance with the terms of this Policy.
At Policy Maturity once the Life Insured is still alive, the payable Maturity Benefit will be the Coverage Amount as stated in the Schedule of Policy Information less any outstanding premiums.
If no Beneficiary is named or living when the Life Insured dies, Your estate shall be deemed to be the Beneficiary.
If a Death Benefit is payable in respect of a Life Insured as stated in this Policy, but no such benefit or a lesser amount is paid as a result of an operational or administrative failure of the Insurer, the Insurer shall pay the Death Benefit mandated by this Policy as soon as the error(s) has been remedied.

More Definitions of Life Insured

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, 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 on whose life the Policy has been effected.

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 or “Lives Insured” means the person(s) who has or have been insured by the Company under this Policy.