Who is considered the “policyholder” in an insurance context?

In the context of insurance, the term "policyholder" refers to the individual or entity that owns the insurance policy. This entity has the legal rights and responsibilities associated with the policy, including making premium payments, filing claims, and modifying coverage. The policyholder is distinct from other parties involved in the insurance contract, such as the insurance company or beneficiaries.

For instance, while the individual who pays the premiums is often the policyholder, it is important to note that the policyholder and the premium payer may not always be the same person or entity. Additionally, the insurance company is the entity providing the coverage but does not possess ownership of the policy. The beneficiary is typically designated to receive benefits in the event of a claim but does not own the policy itself. Thus, identifying the policyholder as the individual or entity that owns the policy accurately reflects the roles and responsibilities defined in the insurance context.