A Policyholder is an individual or entity that owns an insurance policy and is entitled to the benefits and coverage specified within it. As the holder of the policy, the policyholder typically pays premiums to the insurance company in exchange for the protection outlined in the policy document. Policyholders can be individuals, businesses, or other organizations, depending on the type of insurance coverage.

They have certain rights and responsibilities under the policy, including adhering to the terms and conditions, paying premiums on time, and reporting any claims or changes in circumstances that may affect coverage. In the event of a covered loss or claim, the policyholder is entitled to seek compensation or benefits from the insurance company according to the terms agreed upon in the policy. This may include reimbursement for damages, payment for medical expenses, liability coverage for legal claims, or other financial protections, depending on the type of insurance.