sum assured
noun[C]
INSURANCEukuspluralsums assuredaminimumamountthat someone you havenamedin aninsurancedocumentwillreceivewhen youdie:
In theeventofyourdeath,yourdependentswillreceivethesumassuredattachedto thepolicy.
Examplesofsum assured
sum assured
The required premiums must have been maintained to receive payment of the basicsumassuredand bonuses.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The conventional policies have an element of guarantee conferred by the contractual nature of their basicsumassured.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In the event of the unfortunate death of the policy holder, the fullsumassuredis paid to the beneficiaries.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The basicsumassuredattracts reversionary bonuses which are used to distribute profits to the policy.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The guaranteed bonus is an amount normally expressed as a monetary amount per 1,000sumassured.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The bonus is also calculated on the fullsumassured.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The premium rates vary from 1.5 percent to 3.5 percent ofsumassuredfor food crops.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In the event of death of the policy holder, thesumassuredis paid to his or her beneficiaries.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In the event of death within the policy term, the death claim is made up of fullsumassuredwithout deducting any of the survival benefit amounts already paid.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Each member of the family can hold up to £500sumassured.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- misguided
- misguided attempt
- misguidedly
- misguided policy
- mishandle
- mishandled
- mishandling
- mishap
- mishear
- mishit
- mishmash
- misidentification
- misidentify
- misinform
- misinformation
- misinformed
- misinforming
- misinterpret
- misinterpretation
- misinterpreted
- misinterpreting
- misjudge
- misjudged
- misjudging
- misjudgment