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Simple English definitions for legal terms

policyholder

Read a random definition: lienholder

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

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no I have no idea lol, im just pessimistic at this point in the cycle
trees1234567
18:09
or they are waiting for their loan deadline
trees1234567
18:09
everyone
babybunny
18:10
the schools said you’re really great but I’m just not in a place where I can commit to something serious rn
trees1234567
18:10
*everyone I see on LSA is going elsewhere so I always have a sliver of hope that they have openings (but in reality that's only a small percentage of ppl)
Thickthighssavelives
18:11
@babybunny: adcomms are rlly just fuck boys
Really? I feel like I see the opposite, tons of people going to Chi
babybunny
18:11
@Thickthighssavelives: been saying this
babybunny
18:11
a feeler is a 1 am “u up?”
babybunny
18:12
lemme feel u bbg
18:12
@trees1234567: Probably to some extent, 7/28 waitlist admits who went to HLS the last two cycles were Chicago cross-admits
@babybunny: youre shadowbanned for me
babybunny
18:12
@Hellwoods2025: i know hon the deep state is censoring me
18:12
But depends how many were actually deposited at Chicago and whether Chicago overenrolled from RD
18:13
@babybunny: SO TRUE ADCOMMS ARE THE ULTIMATE FUCK BOIS HAHAHA
babybunny
18:13
the ultimate fuck boy is my ex boyfriend but adcoms are a close second
trees1234567
18:14
@jb2028: good to knowww
babybunny
18:22
You Smoke Too Tough. Your Swag Too Different. Your Bitch Is Too Bad. They'll Kill You
trees1234567
18:23
thanks as always
babybunny
18:23
you’re welcome 😇
why you talking about me bunny
babybunny
18:27
musta had you on my mind
trees1234567
19:02
obt congrats!!!
CTCSH
19:09
Now kiss
has anyone ever heard of creative ways people got off waitlist? Like doing some sort of project or submitting material different than the usual essays or loci that worked?
KnowledgeableRitzyWasp
20:31
some schools like it if you visit their campus
KnowledgeableRitzyWasp
20:31
but loci is the core of it, with the promise that you’ll drop everything and immediately deposit/attend
@KnowledgeableRitzyWasp: Ok thank you!
@Seagulleagle10: go in and give the dean a firm handshake and tell em you want to go there
@Seagulleagle10: tell them nothing is going to stop you from attending
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