policyholder

[pol-uh-see-hohl-der]

noun

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

policyholder

/ ˈpɒlɪsɪˌhəʊldə /

noun

1. a person or organization in whose name an insurance policy is registered

Word History and Origins

Origin of policyholder¹

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

Example Sentences

State Farm contends an “overwhelming majority” of its local policyholders are satisfied with its services.

From Los Angeles Times

Currently, adjusters are allowed to base their fees on the total sum of money received by the policyholder for their claim, including any payouts received prior to the signing of contract.

From Los Angeles Times

However, advocates for policyholders have questioned why it took so long for the department to take the action after its own probe in 2022 found 418 violations of state law and the insurance code.

From Los Angeles Times

Representatives for all parties of the lawsuit did not respond to requests for comment, except for Lloyd’s, which said it cannot discuss individual policies or policyholders, nor can it comment on matters in litigation.

From Los Angeles Times

The department says the complaint process has already helped policyholders whose homes were destroyed or damaged by the fires recover $67 million in insurance payments.

From Los Angeles Times