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policyholder

policyholder

12 3.7
A person or organization that has insurance and can claim money after a loss
  • noun
  • /ˈpɒlɪsiˌhoʊldər/
  • Specialized
translation icon : tomador
  • After filing a claim, the policyholder received a prompt response from the insurer.
  • represent policyholders
  • policyholders and insurers
  • inform policyholders

So like basically any profits, they get divided up with the shareholders, Yeah, not the policyholders, right?

Examples

  • The business model for the Philadelphia Contributionship asks policyholders to contribute the capital that insures their property.

    Academic text (2016)
  • Insurers needed the defense bar to provide policyholders with legal representation.

    Academic text (2000)
  • As you can see, the policyholder was not exactly honest with you.

  • The actual loan, of course, has to have the signature of the policyholder.

  • And that means that the policyholders are the owners.

  • Other states require that, regardless of how the policy is written, it must meet the policyholder's "reasonable expectations."

    Academic text (1997)
  • And that insurance company has tens and tens of thousands of policyholders.

  • State insurance regulators include surplus notes in policyholder surplus, as they are subordinate to policyholder claims.

    Academic text (2018)
  • And the composition of P*I*E's board helped policyholders feel a personal connection to the company.

    Academic text (1998)
  • Cohn tells of representing a policyholder whose $7 million barge sank in a storm off Charleston, S.C.

    Academic text (1997)

Synonyms

insured
vspolicyholder
3 3.4

A person or organization covered by insurance

owns the policy and is entitled to its benefits
insured person
vspolicyholder
1 3.4

A person a policy covers who can get money for losses

owns the policy and is entitled to its benefits

Surface Forms

policyholder singular
policyholders plural

Morphology

policyholder = policy + holder (transparent) = policy + hold + er

The word 'policyholder' is clearly derived from 'policy' and 'holder', where a holder of a policy is someone who possesses it.

Etymology

Policyholder comes from two clear parts: policy ('a plan or rule') and holder ('one who holds'). So in insurance, a policyholder is the person or organization who 'holds' the policy — they own the plan and can make claims to get its benefits.