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Assured
AssuredA person who has been insured by some insurance company, or underwriter, against losses or perils mentioned in the policy of insurance. RELATED TERMS-------------------------------------- Person This word is applied to men, women and children, who are called natural persons. Insured Contracts. The person who procures an insurance on his property. Insurance Contracts. It is defined to be a contract of indemnity from loss or damage arising upon an uncertain event. Company An association of a number of individuals for the purpose of carrying on some legitimate business. Underwriter Insurances. One who signs a policy of insurance, by which he becomes an insurer. SIMILAR TERMS-------------------------------------- Assumpsit Contracts. An undertaking either express or implied, to perform a parol agreement. Assumption of risk A doctrine under which a person may not recover for an injury received when he has voluntarily exposed himself to a known danger. Assurance 1) Com. law. Insurance. 2) Conveyancing. This is called a common assurance. But the term assurances includes, in an enlarged sense, all instruments which dispose of property, whether they be the grants of private persons, or not; such are fines and recoveries, and private acts of the legislature. Assurer One who insures another against certain perils and dangers. The same as underwriter. PREVIOUS AND NEXT TERMS-------------------------------------- Association The act of a number of persons uniting together for some purpose; the persons so joined are also called an association. Association of average adjusters The organization of average adjusters in the United Kingdom. Assumpsit Contracts. An undertaking either express or implied, to perform a parol agreement. Assumption of risk A doctrine under which a person may not recover for an injury received when he has voluntarily exposed himself to a known danger. Assurance 1) Com. law. Insurance. 2) Conveyancing. This is called a common assurance. But the term assurances includes, in an enlarged sense, all instruments which dispose of property, whether they be the grants of private persons, or not; such are fines and recoveries, and private acts of the legislature. Assured Assurer One who insures another against certain perils and dangers. The same as underwriter. Assythment Scotch law. An indemnification which a criminal is bound to make to the party injured or his executors, though the crime itself should be extinguished by pardon. Asylee An alien in the United States or at a port of entry who is found to be unable or unwilling to return to his or her country of nationality, or to seek the protection of that country because of persecution or a well-founded fear of persecution. Persecution or the fear thereof must be based on the alien’s race, religion, nationality, membership in a particular social group, or political opinion. For persons with no nationality, the country of nationality is considered to be the country in which the alien last habitually resided. Asylum A place, of refuge where debtors and criminals fled for safety. At issue The time in a lawsuit when the complaining party has stated their claim and the other side has responded with a denial and the matter is ready to be tried. We thank you for using the Juridical Dictionary to search for Assured. If you have a better definition for Assured than the one presented here, please let us know by making use of the suggest a term option. This definition of Assured may be disputed by other professionals. Our attempt is to provide easy definitions on Assured and any other medical topic for the public at large.
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