There are typically three parties involved in insurance: the insurer, the insured, and the beneficiary.

• Insurer: The company or organization that provides the insurance coverage.

• Insured: The individual...read more

there are 2 parties to the contract (the policy): The Named Insured (who is often the policyholder) and the insurance company. Other "parties" may become involved in the insurance (claimants, the mort...read more