Final answer:
Steroid hormones are the class of lipids used as chemical messengers derived from cholesterol. They are insoluble in water and include hormones like estradiol, testosterone, aldosterone, and cortisol.
Step-by-step explanation:
The class of lipids used as chemical messengers (or hormones) derived from cholesterol are called steroid hormones. These hormones are usually ketones or alcohols, and their chemical names end in "-ol" for alcohols or "-one" for ketones. Examples of steroid hormones include estradiol, testosterone, aldosterone, and cortisol. Steroid hormones are insoluble in water and are transported by transport proteins in the blood.