Or the insurance company could be a mutual insurance company, in which case the insurance company is owned by the insured.

保险公司也可以是互助保险公司,也就是保险公司的股东就是被保险人

耶鲁公开课 - 金融市场课程节选

In order to devise an insurance contact that does this job, we have to have a contract between an insurance company and the insured.

要想设计一个保险合约,要想做这项工作，我们得在保险公司和,被保险人之间建立一个合约。

耶鲁公开课 - 金融市场课程节选

Life insurance is--what it insures is a beneficiary against the death of an insured.

寿险公司针对被保险人的死亡,向受益人提供保险

耶鲁公开课 - 金融市场课程节选