Policyholder

A policyholder is an individual or entity that owns an insurance policy. They are typically responsible for paying premiums to maintain coverage and hold rights to the benefits and claims provided by the insurance contract. The policyholder has the authority to make decisions regarding the policy, including changes and beneficiaries.

Policyholder meaning with examples

As a policyholder, Jessica was relieved to know that her home was covered against fire damage, allowing her to feel secure in her property ownership during the fire season.
Mike learned the importance of reviewing his health policy, as being an informed policyholder enables him to make the most of his benefits and understand the coverage limitations.
After receiving a notice about an increase in premiums, the policyholder contacted the insurance company to discuss the changes and explore options to maintain affordability.
The policyholder was pleasantly surprised when the insurance company quickly processed her claim for stolen property, demonstrating their commitment to customer service and support.
As a conscientious policyholder, David routinely updates his life insurance to reflect his growing family's needs, ensuring they are adequately protected should anything happen to him.

Policyholder Synonyms

account holder assignor assured beneficiary client contract owner coverage holder customer dependent depository guarantor holder insured member participant policy beneficiary policy owner premium payer proposer subscriber

Policyholder Antonyms

abstainer antagonist bystander challenger critic denier detractor disbeliever dissenter evader insurer neglecter non-member non-subscriber opponent outsider questrant refuser uninsured waiver