# Insured

**IRI:** https://folio.openlegalstandard.org/RB2MwY72GbUZH9ccu7omcmE

## Labels

**Preferred Label:** Policyholder

**Alternative Labels:**

- Insurant

## Definition

The insured is the individual or entity specifically covered under an insurance policy. This person or organization receives the benefits of the policy, such as financial compensation or coverage, in the event of a covered loss or claim as stipulated in the insurance contract.

## Sub Class Of

- https://folio.openlegalstandard.org/RCEDL3kMYgjFUEOhOyGp3IE

## See Also

- https://folio.openlegalstandard.org/Rt7TTPXJ7WX1Jrjufs0Mdr

**Deprecated:** False