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marques

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Q: Who owns company policy?
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The Company who owns the vehicle would be responsible for deductibles listed on the policy their own policy.


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What is the dictionary definition of a policyholder?

A policyholder is an individual or entity that has an insurance policy in place with an insurance company. The policyholder pays premiums to the insurance company in exchange for coverage and protection against specified risks outlined in the policy.


Who is the Owner of life insurance policy?

Typically,the person who purchased it owns it. That person may be different from the person insured or the beneficiary. The owner can usually make decisions concerning the policy. An example with respect to a policy issued by a stock company, whether to have the company send a dividend check or to use the dividend to purchase additional insurance.