Georgia Life and Health Insurance Practice Exam 2026 – Complete Study Resource

Question: 1 / 400

Who is referred to as the insured in an insurance contract?

The party providing insurance

The financial underwriter of the policy

The person or organization being protected

In an insurance contract, the insured is the individual or entity that is protected under the terms of the policy. This could refer to a person who has purchased a life insurance policy or an organization covered by a health insurance plan. The primary purpose of insurance is to provide a safety net for risks, and the insured is the one who has a direct stake in the coverage, as it is their life or property that is being safeguarded against potential financial loss.

Understanding the role of the insured is crucial, as it defines who holds the rights to the benefits outlined in the insurance agreement. The insured is the party that will receive the financial support or compensation if the covered event occurs, such as in the case of a claim being made due to a mishap or loss.

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The claims adjuster handling claims

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