Legal-Explanations.com - Legal resources in plain English
Legal-Explanations.com Home > Legal Definitions
 

Assured

(adj) Assured is the quantum of monetary value which has been guaranteed on the occurrence of any said or expected future event to the person, entity, property, article, transaction etc, which has been insured for its insurable interest.

 
Legal-Explanations.com Home
About us | Contact us | Privacy | Terms of service

2004 - 2007 Legal-Explanations.com. All rights reserved