Insurer vs. Insuree — Which is Correct Spelling?

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Which is correct: Insurer or Insuree
How to spell Insurer?

Insurer
Correct Spelling

Insuree
Incorrect Spelling
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Insurer Definitions
One that insures, especially an insurance underwriter.
(insurance) One who insures.
After the accident I contacted the insurer who paid for the repairs.
One who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter.
A financial institution that sells insurance
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