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Simple English definitions for legal terms
insurant
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A quick definition of insurant:
Insurant: A person who gets insurance or receives an insurance policy. It means someone who pays money to an insurance company to protect themselves from financial loss in case something bad happens.
A more thorough explanation:
Definition: A person who gets insurance or receives an insurance policy.
For example, if you buy car insurance, you are the insurant. The insurance company issues a policy to you, which means they promise to pay for any damages or losses you may experience while driving your car.
The term "insurant" is not used as often as "insured," which is an adjective used to describe someone who has insurance. However, "insurant" is still a valid term that refers specifically to the person who is covered by an insurance policy.