In the common law provinces of Canada, the person whose life is insured by an individual life insurance policy. Called the insured in the United States and Quebec. (For the purposes of this glossary, we have used the United States term "insured", except in definitions of purely Canadian terms, in which cases we have made it clear that "life insured" is a Canadian term.)
Usually, but not always, the policyholder, owner or insured person on whose death or disability the insurance becomes payable.
Any life insured (including the Primary or Additional Life Insured) relating to any particular benefit. Such persons are named in the Policy Schedule in relation to each benefit that is under covered.
The person on whose death or disability the insurance proceeds will become payable.
In all provinces of Canada except Quebec, the person whose life is insured by an individual life insurance policy.