From Longman Dictionary of Contemporary Englishpolicyholderpol‧i‧cy‧hold‧er /ˈpɒləsiˌhəʊldə $ ˈpɑːləsiˌhoʊldər/ noun [countable] someone who has bought insurance for something
Examples from the Corpus
policyholder• Its recent troubles stem from a legal defeat last July in a suit brought by its own policyholders.• One question policyholders should ask is - if the company did underperform last year, has this limited its options?• According to the documents, the three policyholders who sued State Mutual over the demutualization collectively received $ 225,000.• For example, valuing the future payments due to pension scheme members or to policyholders would both fall into this category.• The Trinity insurance group, now in liquidation, has written to policyholders warning they are now without cover.• But why, policyholders may well ask, should they give up a 40 percent stake in the business?From Longman Business Dictionarypolicyholderpol‧i‧cy‧hold‧er /ˈpɒləsiˌhəʊldəˈpɑːləsi ˌhoʊldər/ (also policy holder) noun [countable]INSURANCELAW someone who has an insurance policyThe policyholder must inform the insurance company of any change of address.