Policyholders
/ˈpɒlɪsiˌhoʊldərz/
Definitions
- (n.) Individuals or entities that own an insurance policy and have rights under that policy.
The policyholders must pay premiums to maintain coverage under their insurance contracts.
Forms
- policyholder
Related terms
Commentary
The term specifically denotes the party holding an insurance contract; careful distinction from 'insured' may be necessary because a policyholder may differ from the insured.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.