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sum assured. In DICTIOUS you will not only get to know all the dictionary meanings for the word
sum assured, but we will also tell you about its etymology, its characteristics and you will know how to say
sum assured in singular and plural. Everything you need to know about the word
sum assured you have here. The definition of the word
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sum assured, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Alternative forms
Noun
sum assured (plural sums assured)
- (insurance) The amount of benefit that an insurance contract pays out to a beneficiary on the occurrence of a contingent insured event.