In policy definitions, what do the terms 'we', 'us', and 'our' refer to?

In policy definitions, what do the terms 'we', 'us', and 'our' refer to?

• A. The insured
• B. The insurer
• C. A third-party administrator
• D. The state regulator

Answer: (B)

In policy definitions, "we," "us," and "our" refer to the insurer—the company that issues and underwrites the policy. This shorthand keeps the contract readable by tying promises and obligations directly to the insurer. When you see statements like "We will pay" or "Our duty," it is the insurer who is bound to those promises. The insured is typically "you" or "your," a third-party administrator isn’t the contract party but an administrative helper, and the state regulator isn’t a party to the contract.

In policy definitions, "we," "us," and "our" refer to the insurer—the company that issues and underwrites the policy. This shorthand keeps the contract readable by tying promises and obligations directly to the insurer. When you see statements like "We will pay" or "Our duty," it is the insurer who is bound to those promises. The insured is typically "you" or "your," a third-party administrator isn’t the contract party but an administrative helper, and the state regulator isn’t a party to the contract.