In an insurance policy, what does "named insured" refer to?

The term "named insured" refers specifically to the individual or entity that is explicitly listed in the insurance policy as being covered under that policy. This designation is important because it clearly identifies who is entitled to coverage and rights under the policy. The named insured is the primary party to the insurance agreement, meaning that any claims or benefits available under the policy are primarily associated with this individual or entity.

This designation also carries implications for liability and coverage limits, as any actions or situations involving the named insured typically affect their coverage status. Policies often extend coverage to additional parties or other entities, but the named insured is the central figure in the contract. It is essential for those involved in insurance to understand this term to identify who is adequately protected under a given policy.