: The insurer is the company (like MetLife or OneAssure ) that provides the policy and assumes the financial risk in exchange for premiums. Why the Definition Matters
: The ERGO NEXT Glossary notes that while the policyholder owns and manages the policy, the insured is the one the coverage actually applies to. Often they are the same, but not always. definition of insured
Understanding these terms is critical for managing financial risk: : The insurer is the company (like MetLife
Insurance policies often distinguish between different levels of coverage and responsibility: definition of insured