Vakuutettavan

Vakuutettavan is a Finnish legal-technical term used in insurance language. It is the genitive singular form of vakuutettava, referring to the person or thing that is to be insured under a policy. The word denotes the subject of the insurance coverage and may describe a person (the insured) or an object or liability risk that is insured.

In insurance contracts, several roles interact: the vakuutuksenottaja (the policyholder who typically pays the premium), the vakuutettava or vakuutettu (the person or thing that is covered by the insurance), and the insurer. The insured can be the same person as the policyholder or a different one, for example when a parent takes out a life or health policy for a child. The term vakuutettavan is used when referring to the rights, duties, or status of the insured in contract text or legislation, such as vakuutettavan oikeudet (the rights of the insured) or vakuutettavan velvollisuudet (the duties of the insured).

Usage notes: vakuutettavan is primarily found in legal, regulatory, or policy documents rather than everyday speech. The word embodies the relationship between the insured person or item and the insurance agreement. Its precise interpretation can depend on the context and on whether the reference concerns a person to be insured or an object/risks to be insured.