Policyholder
Plain English Definition: The person or entity that owns the insurance policy.
What Policyholder really means for someone with an insurance policy
The policyholder is the individual or organization legally entitled to make claims or changes to the insurance policy.
Policyholder Real World Examples
- An individual purchasing life insurance for themselves.
- A business owner holding a commercial insurance policy.
- A homeowner listed as the policyholder on a home insurance policy.