[in-shoo rd, -shurd] /ɪnˈʃʊərd, -ˈʃɜrd/

the person, group, or organization whose life or property is covered by an policy.
/ɪnˈʃʊəd; -ˈʃɔːd/
covered by insurance: an insured risk
the person, persons, or organization covered by an insurance policy


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