Skip to main content
Find a Lawyer

term:

Insured Plan

insured plan n

: a pension or retirement plan managed by an insurance company under which contributions are used to purchase life insurance or annuities as a means of funding the benefits promised

Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
Copied to clipboard