Policyholder
/pˈɑləsiˌhoʊldər/
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Definition
(noun) The party to an insurance contract who owns the policy and thus transfers a risk to an insurer (i.e., pays the insurer to take the risk).
Sentence Examples
The insurer will indemnify the policyholder against loss of or damage to the motor car.
CEFR Practice Quiz
The ____ was entitled to full compensation under the terms of the insurance agreement.