Assured

An "assured" is someone who has a guaranteed right or claim to something, often used in insurance or legal contexts. For example, in insurance, the assured is the person or entity covered by the policy, meaning they have protection against certain risks. The term emphasizes certainty and security in a relationship or agreement, ensuring the assured can rely on the agreed terms. Essentially, it denotes a party that holds a recognized, protected interest or entitlement, providing confidence and clarity in contractual or financial arrangements.