Assuré

"Assuré" is a French term that translates to "insured" in English. It refers to an individual or entity that has taken out an insurance policy to protect against financial loss or risk. The term is commonly used in the context of insurance contracts, where the "assuré" is the person or organization that has agreed to pay premiums in exchange for coverage.

The relationship between the insured party and the insurance company is governed by the terms and conditions of the insurance policy. The insured party, or "assuré," has the right to make claims against the insurance company if they experience a loss covered by the policy. The insurance company, in turn, is obligated to pay for the covered losses, subject to the policy's limits and conditions.

In French, "assuré" is often used in legal and financial contexts, such as in contracts, agreements, and legal documents. It is also used in everyday language to describe someone who has insurance coverage for various risks, such as health, auto, or home insurance.

The term "assuré" is distinct from "assureur," which refers to the insurance company or the person who provides the insurance coverage. The "assuré" is the beneficiary of the insurance policy, while the "assureur" is the provider of the insurance coverage.