policyholder

[ pol-uh-see-hohl-der ]

Phonetic (Standard)IPA

noun

the individual or firm in whose name an insurance policy is written; an insured.

policyholder

/ ˈpɒlɪsɪˌhəʊldə /

An Americanism dating back to 1850–55; policy ² + holder

I received a visit from the policyholder who made a request for prompt payment.

Another method is to apply the bonuses towards making the sum insured payable in the lifetime of the policyholder.

In some offices the share or “bonus” falling to each policyholder is paid to him in cash; in others it is applied Bonuses.

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