Which is the difference between Policyholder, Insured and Beneficiary?
19/2/2024
The policyholder is the person or organization in whose name an insurance policy is registered.
The insured is the one whor has or is covered by an insurance policy.
The beneficiary is the person who receives the insurance proceeds from a life insurance policy or annuity. It also can refer to someone who receives benefits from a health insurance policy such as payments for a health care service.
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