Insured Person definition

Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

Insured Person means any person whose risks are covered by these Terms and Benefits, and named as the "Insured Person" in the Policy Schedule.

Insured Person means a person covered under a principal policy holder’s policy with the fund.

Examples of Insured Person in a sentence

• The Partner’s/ Insured Person /Parent or Legal Guardian’s receipt shall be a full discharge of all liability by Chubb in respect of the Claim for such Benefit Amount or the assessed percentage.

• The Insured and Insured Person shall take all reasonable steps to avoid or minimise any injury, illness , expense, loss, theft or damage.

• If the Insured Person is aged 18 years or over Chubb will pay the Benefit Amount for all Claims other than Accidental death to that Insured Person and their receipt shall be a full discharge of all liability by Chubb in respect of the Claim for such Benefit Amount or the assessed percentage.

• Where the Insured or the Insured Person or their personal representatives do not comply with any obligation to act in a certain way specified in this Policy Chubb reserves the right not to pay a claim.

• Notwithstanding the General Condition headed ‘Assignment’, where in relation to any Claim the Insured, at its discretion, directs Chubb to do so, Chubb shall pay benefits to, or indemnify, a named Insured Person and the receipt of such Insured Person shall be a sufficient discharge of Chubb’s liability to indemnify or pay the benefits concerned.

More Definitions of Insured Person

Insured Person means a person covered under a principal member’s membership with the Fund.

Insured Person means person(s) named in the schedule of the Policy.

Insured Person means the person named in the Policy Schedule, who has a permanent place of residence in India and for whom the insurance is proposed and appropriate premium paid.

Insured Person means the person named in the schedule.

Insured Person means a person who is or was an employee in respect of whom contributions are or were payable under this Act and who is, by reason thereof, entitled to any of the benefits provided by this Act;

Insured Person means any:

Insured Person means a member of the Policyholder who is eligible, who enrolls for coverage and for whom the required premium is paid making insurance in effect for that person under the Policy. A Dependent covered under the Policy is not an Insured Person.