Proposer

10 months ago

Insurance Glossary Team

1 minute

Plain English Definition: The individual or entity applying for an insurance policy.

What Proposer really means for someone with an insurance policy

The proposer submits an insurance application and provides relevant information to the insurer. If the application is approved, they become the policyholder.

Proposer Real World Examples

A homeowner applying for property insurance.
A business applying for commercial liability coverage.
A driver submitting an auto insurance application.