policyholder
Insurance contract party
A policyholder is the person or entity that owns an insurance policy—the one who pays premiums and receives coverage.
The policyholder may or may not be the same as the insured person: She listed her son as a beneficiary, though she remained the policyholder.
Insurance companies communicate with policyholders about claims, renewals, and changes to coverage.
Added cost for better
- deductibleOut-of-pocket threshold amount
- co-payInsured's fixed contribution
- indemnityProtection against financial loss
- liabilityLegal or financial obligation
exclusion · rider · endorsement · limits · peril · risk · insurable interest · beneficiary
Statement of ownership or truth
- claimantOne asserting entitlement
- adjusterOne who calibrates
- reimbursementPayment for incurred expenses
- settlementResolved dispute or colony
payout · compensation · losses · damages · filing · documentation · denial · appeal
Shared position between parties
- termsConditions of an agreement
- conditionsPrevailing state of affairs
- coverageExtent of inclusion
- premiumsPayments for insurance coverage
renewal · expiration · clauses · exclusions · endorsement · deductible · limits · obligations
One proposed for position
- heirOne who receives legacy
- assigneeRecipient of transferred rights
- trusteeOne managing another's assets
- estateProperty and grounds
next of kin · successor · death benefit · proceeds · payout · designation
Act of revealing information
- grievanceFormal claim of unfairness
- grace periodAllowed delay before consequences
- portabilityEase of carrying
- cancellationVoiding of plans
refund · privacy · transparency · ombudsman · dispute resolution · consent · notification · access
premium
Added cost for better
- deductibleOut-of-pocket threshold amount
- co-payInsured's fixed contribution
- indemnityProtection against financial loss
liability · exclusion · rider · endorsement · limits · peril · risk · insurable interest · beneficiary · blanket coverage
claim
Statement of ownership or truth
- claimantOne asserting entitlement
- adjusterOne who calibrates
- reimbursementPayment for incurred expenses
settlement · payout · compensation · losses · damages · filing · documentation · denial · appeal · subrogation
agreement
Shared position between parties
- termsConditions of an agreement
- conditionsPrevailing state of affairs
- coverageExtent of inclusion
premiums · renewal · expiration · clauses · exclusions · endorsement · deductible · limits · obligations · provisions
nominee
One proposed for position
- heirOne who receives legacy
- assigneeRecipient of transferred rights
- trusteeOne managing another's assets
estate · next of kin · successor · death benefit · proceeds · payout · designation
disclosure
Act of revealing information
- grievanceFormal claim of unfairness
- grace periodAllowed delay before consequences
- portabilityEase of carrying
cancellation · refund · privacy · transparency · ombudsman · dispute resolution · consent · notification · access · fair treatment
- auto insuranceauto insurance, car insurance, vehicle insurance, collision coverage, liability coverage
- insuranceinsurance, coverage, auto insurance, life insurance, home insurance
- life insuranceterm life, whole life, life insurance, beneficiary, premium
- financial account holdersdepositor, investor, shareholder, bondholder, stockholder
- health insurancepremium, deductible, copay, coverage, health insurance card
- insurance salesagents, brokers, policies, premiums, coverage
policyholderinsurer
Entity providing financial protection
insurance company · insurance provider · underwriter · insurance carrier · carrier