Kindlustatu

Kindlustatu is an Estonian term used in insurance to designate the person or entity protected by an insurance contract. The kindlustatu is the insured party, whose interests are covered by the policy and who may claim benefits when a covered risk materializes. The exact person or entity identified as the kindlustatu is defined in the policy's definitions and may vary between contracts or policy types (for example, individual policyholders, business entities, or other covered interests).

The obligations and rights of the kindlustatu are set out in the contract and applicable law; typical obligations include timely disclosure of relevant information, payment of premiums or contributions as required, and cooperation in loss assessment and claims procedures. In return, the insurer (kindlustaja) undertakes to provide compensation or services up to the policy limits for losses falling within the scope of coverage.

The term is rooted in the Estonian verb kindlustada, "to insure," and forms a noun referring to the insured person or entity. In practice, some documents use the form kindlustatud as a synonymous term; the exact usage depends on drafting conventions and the policy's definitions. The concept of kindlustatu is used in civil law and insurance regulation in Estonia to distinguish the insured from the insurer and other parties to the contract.