biztosítotti

The Hungarian term "biztosított" translates to "insured" in English. It refers to an individual or entity who has entered into an insurance contract, thereby acquiring rights and obligations related to that contract. In essence, the "biztosított" is the person or organization whose life, health, property, or liability is covered by the insurance policy.

The primary purpose of being "biztosított" is to gain financial protection against unforeseen events or risks. For instance, a "biztosított" in a health insurance policy receives coverage for medical expenses. A "biztosított" in a car insurance policy might be compensated for damages resulting from an accident. The specific benefits and coverage are detailed in the insurance policy document, which is a legally binding agreement between the "biztosított" and the insurer.

In exchange for this protection, the "biztosított" typically pays premiums to the insurance company. The premium amount is determined by various factors, including the type of insurance, the level of coverage desired, and the risk profile of the "biztosított." If an insured event occurs, the "biztosított" has the right to make a claim to the insurer to receive the agreed-upon compensation or service. The "biztosított" also has the obligation to act in good faith, such as providing accurate information when applying for insurance and reporting claims promptly. The term "biztosított" is a fundamental concept in the realm of insurance and applies to individuals, families, and businesses alike.