Definition of "policyholder" [policyholder]

• One that holds an insurance contract or policy. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "The manner in which insurers are able to provide adequate security to the policyholder is to create a capital base by "spreading the risk" of losses among several policyholders."
• "For a long time, a well-known problem in connection with insurance is that damage to insured objects depends not only on external factors such as weather and attempted theft, but also on the care taken by the policyholder, which is costly for an insurance company to monitor."
• "Policyholder: The policyholder is the person, or organisation, who has been issued the policy by the insurance company."