Question

In an insurance contract, the person buying the insurance is called the

insured, and the insurance company is called the insurer

a. true b. false

Answer 1

This is A: true because when you buy the insurance you’re the insured and the person giving the insurance is the insurer

Answer 2

True explanation: one you have bought insurance you are insured to a house life plan etc, they company you bought the insurance from is the insurer because they are giving you the insurance