What is the difference between the insured and the insured?
The insured is the person or persons whose name is specified in the insurance contract and subject to the insurance. The insured is the person who makes the insurance contract and is responsible for paying premiums. For example, if you take out insurance for your father and you sign and pay this insurance policy, you are referred to as the policyholder. Insured is your father. There is also the case that the insured and the insured are the same person. When you buy insurance on your behalf, the insured and the insured are the same person.