Dictionary
the policyholder
noun
A person who holds an insurance policy, especially the person whose life is insured
Exact(56)
Many policies do not pay out if the policyholder is killed by acts of war.
Liability insurance pays money to injured people even if the policyholder is at fault.
If the policyholder dies with life insurance, the entire death benefit is considered tax-free income.
Penn Treaty settled the lawsuit by paying the policyholder an unspecified amount, the policyholder's lawyer said.
If the policyholder is still alive at the end of the term, there is no payout.
In this instance, buying superior comprehensive insurance would cost the policyholder an extra £15 a year.
(If a contact person is not designated, the policyholder must submit a written waiver electing not to do so).
Pay particular attention to the policy excess (what the policyholder must pay towards the cost of the claim).
Since it is certain the policyholder will die, this kind of cover tends to be more expensive.
Their response made it clear that the onus was squarely on the policyholder to try to obtain the best premium.
This is not the case if the policyholder surrenders or sells the policy, though the tax treatment for these two approaches differs.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com