policyholder

[US]/'pɒlɪsɪ,həʊldə/
[UK]/'pɑləsɪ'holdɚ/
Frequency: Very High

Translation

n. holder of an insurance policy

Example Sentences

The policyholder must pay the premium on time.

The insurance company provides various options for the policyholder.

It is important for the policyholder to review the terms and conditions of the policy.

The policyholder can make a claim in case of an accident.

The policyholder's information is kept confidential by the insurance company.

The policyholder can add additional coverage to their policy.

The policyholder should update their contact information with the insurance company.

The policyholder needs to understand the terms and conditions of the policy before signing.

The policyholder can designate a beneficiary for the policy.

The insurance company may conduct a review of the policyholder's claim.

Real-world Examples

Written premiums fell by 4% in 2019 as an economic crisis forced some policyholders to drop their coverage.

Source: The Economist (Summary)

Several policyholders say their insurers have offered to pay them with bank cheques, which can still be freely deposited.

Source: The Economist (Summary)

How much a company will pay in the event of a claim depends on how much insurance the policyholder has bought. The amount may also depend on the conditions that led to the damage.

Source: English Major Level Four Listening Practice

Popular Words

Explore frequently searched vocabulary

Download App to Unlock Full Content

Want to learn vocabulary more efficiently? Download the DictoGo app and enjoy more vocabulary memorization and review features!

Download DictoGo Now