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Definition
Entity that owns an insurance policy and has the right to exercise all privileges under the contract of insurance, except where restricted by the rights of an assignee (see assignment). A policyowner may or may not be the insured, or the sole or one of the beneficiaries of the policy. Also called policyholder.
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policyowner is in the General, Marine, & Life Insurance subject.
policyowner appears in the definition of the following term: policyholder
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