What Is A Policy Holder For Health Insurance?

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   Mark Taylor

   Licensed Life Agent, Life and Finance/ 50 States, New York

   A policyholder is the name of the person who has the coverage on an insurance policy. It is the first name on the policy and most likely will be the person who pays the monthly premium. This is called the declarations part of the contract and will contain the names, addresses, and other information to identify who owns the policy.

   Answered on December 13, 2013

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   Tom Sheehan

   Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482

   In Insurance terms, the "Policyholder" is usually and most likely the first named insured in the Insurance Contract Agreement. In most cases, this is the person that not only pays the premium, but most importantly from a contractual standpoint, is the recognized Owner of the contract.  In an  Insurance Contract Ownership is of great importance because in short, owners control the management of their policies meaning that it is only by action of the policy owner that any actions not company initiated can be processed.

   Answered on December 17, 2013

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