Vakuutetut

Vakuutetut refers to individuals or entities who are covered by an insurance policy. The term is Finnish and directly translates to "insured" or "those who are insured." When a person or a company takes out an insurance policy, they become vakuutetut in relation to that specific policy. This means they are entitled to compensation or benefits from the insurance provider in case of a specified event, such as an accident, illness, theft, or damage to property.

The rights and obligations of vakuutetut are defined in the insurance contract. Generally, they are obligated to pay premiums regularly and to report any relevant information or incidents truthfully to the insurer. In return, the insurer is obligated to provide coverage as agreed upon in the policy. The scope of coverage can vary significantly depending on the type of insurance, such as health insurance, car insurance, life insurance, or property insurance. Different policies will specify what events are covered, the extent of the coverage, and any deductibles or limitations that apply. Being vakuutetut provides a sense of financial security against unforeseen circumstances.