policyholder Definition
a person or entity that owns an insurance policy.
Using policyholder: Examples
Take a moment to familiarize yourself with how "policyholder" can be used in various situations through the following examples!
Example
The policyholder is responsible for paying the premiums on time.
Example
The insurance company will pay the claim to the policyholder.
Example
As a policyholder, you have certain rights and responsibilities.
policyholder Synonyms and Antonyms
Synonyms for policyholder
- insured
- policy owner
- policy owner
📌
Summary: policyholder in Brief
'Policyholder' [ˈpɑːləsihoʊldər] refers to a person or entity that owns an insurance policy. It is the responsibility of the policyholder to pay the premiums on time and they have certain rights and responsibilities. For example, the insurance company will pay the claim to the policyholder.
