Who Is The Insured In A Life Insurance Policy? 
The Insured in the life insurance policy is the person whose life is being insured . If the Insured person would pass away , the policy would pay the death benefit to the person or persons named as the beneficiary . The Insured will often own his/her own policy , but the Insured and Owner can be two different people . The Owner gets to choose the beneficiary and make changes to the policy . 