What Does Policyholder Mean?
What does Policyholder mean? Read on to discover the definition & meaning of the term Policyholder - to help you better understand the language used in insurance policies.
Policyholder
A policyholder is a person or entity who owns an insurance policy and has the privilege to exercise the rights stated in the contract. This party is often, but not always, the insured, and may or may not be one of the policy's beneficiaries.
We hope the you have a better understanding of the meaning of Policyholder.
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