Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “sum assured”

sum assured

noun [C]
 
 
( plural sums assured) INSURANCE
a minimum amount that someone you have named in an insurance document will receive when you die: In the event of your death, your dependents will receive the sum assured attached to the policy.
(Definition of sum assured from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of sum assured?
Add Cambridge dictionaries to your browser to your website

Word of the Day

bauble

a piece of bright but cheap jewellery

Word of the Day

Party Talk (The language of party chat)

by Kate Woodford,
December 23, 2014
​​​ With the party season in full swing (= at its busiest now), we consider the language of socializing (= enjoying yourself with other people). We’re looking especially at words and phrases which are used to describe the different ways that people behave at a party and the sort of conversations that party

Read More 

tweleb noun

December 22, 2014
informal a Twitter celebrity; (more specifically, someone who has more than 1,000 followers on Twitter) There were a few old and a few new faces, including a tweleb or two. Expect to see and hear more from these cool kids.

Read More