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Who is considered the policyholder?

Who is a policyholder? A policyholder is the person who owns the insurance policy. So, if you buy an insurance policy under your own name, youre the policyholder, and youre protected by all of the details inside. As the policyholder, you can also add more people to your policy, depending on your relationship.

What is the name of the policy holder of an insurance claim?

A policyholder is the entity or individual who owns the insurance policy. Under an insurance policy, the premium is paid by the policyholder. Upon maturity or a claim the policyholder/ nominees receive the benefits..

What is an example of a policyholder?

For example, if you have purchased a life insurance policy for your wife, then your wife will be the one insured but you will remain the policyholder. Or if you have a business and you have taken insurance for your business partner.

What is the policy holder also called?

Yes, the policyholder is the same as the named insured. The named insured is another way of saying policyholder.

Who should be the policyholder?

In most cases, the person whose life is insured is also the policyholder, but that doesnt always hold true. For example: Your life may be insured, but your spouse could be the policyholder. And this doesnt even get into the beneficiary, or the person who receives the death benefit.

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