Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

policyholder

Read a random definition: quasi-tenant

A quick definition of policyholder:

A policyholder is someone who owns an insurance policy. This means they have an agreement with an insurance company to protect them from certain risks, like getting sick or having their car stolen. The policyholder is the person or entity that the insurance policy is issued to, as stated in the certificate of insurance.

A more thorough explanation:

Definition: A policyholder is a person or entity that owns an insurance policy. They are also known as a policy owner. When someone enters into an insurance policy with an insurance company, they become the policyholder. The certificate of insurance will state who the policyholder is.

  • John purchased a life insurance policy from XYZ Insurance Company. He is the policyholder and pays the premiums to maintain the policy.
  • ABC Corporation bought a liability insurance policy from DEF Insurance Company. As the policyholder, ABC Corporation is protected from any legal claims made against them.

In both examples, the individuals or entities who purchased the insurance policies are considered policyholders. They are the ones who own the policies and are responsible for paying the premiums to keep the policies active. If a claim is made, the policyholder is the one who will receive the benefits of the policy.

policy | political question

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
16:22
which do i pick
16:23
whichever one calls to you more
16:23
I’m crying this so clearly made by a little kid
16:23
They spelled pilot piolet
You are Strawberry shortcake. You are cute and lovely.
facts
[9F]emails from crashing
16:25
You’re literally cute and lovely
hell yeah i'm blueberry muffin
16:25
Im Raspberry Torte
"She's often a girl with a sharp tongue and a lack of tact."
16:27
damn that is me
16:27
Voice actor Pamela Anderson that’s so crazy is that real
MrThickRopes
16:28
Can I get a FOOOO YEAAAAAH
"Strawberry is a sweet, kind, and helpful girl with an extraordinary talent for baking and a knack for tending to berry plants. She's always ready to make new friends, go on adventures, and bake the world a better place."
they clocked me here
16:28
dang i read the wiki and shes like a classic yuri tsundere for strawberry
"Blueberry is normally the mature and smartest girl in the group. She is knowledgeable about almost everything. She spends so much time with books that she always knows exactly what others need, or where the specific topic they need will be located in her bookstore, Blueberry Books. She is a whole lot of knowledge and very well-mannered, which can confuse her friends since they struggle to understand her in some way. With her acute wit and flair for more than just average knowledge, Blueberry is a genius when it comes to organization, making plans, maps, and schedules, as long as it is not overly sophisticated." blueberry is autistic, confirmed
NosyBeagle
17:00
it is 4pm, time for nyt sudoku
do you do the morning wordle
Why is Southern Methodist not on my lsd page ever when I search my stats?
Its the only school I dont see on here
I only see Duke, UCLA, and UC Berkley
@RasheedWallaceFan: racism
NosyBeagle
18:07
@TiredOfThisGrandpa: YES! I <3 wordle
18:12
im a cine2nerdle guy
i need some homies who are applying this fall to proofread each others essays
Im not paying a service to read my essay thats stupid so need some friends
@RasheedWallaceFan: I'm a lit para of a decade, I'd be happy to proof.
LSD+ is ad-free, with DMs, discounts, case briefs & more.