MLchartDataset catalogue

Policy owner

Term · Insurance and risk management · MLC-T-INS-002589

The individual or entity who holds the rights and responsibilities associated with an insurance contract. The policy owner has the authority to make changes to the policy, such as updating beneficiaries, adjusting coverage, or cancelling the contract. This person or entity is responsible for paying the premiums and is not necessarily the same as the insured or the beneficiary.

Table 1. Record
IdentifierMLC-T-INS-002589
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002589",
  "term": "Policy owner",
  "field": "Insurance and risk management",
  "definition": "The individual or entity who holds the rights and responsibilities associated with an insurance contract. The policy owner has the authority to make changes to the policy, such as updating beneficiaries, adjusting coverage, or cancelling the contract. This person or entity is responsible for paying the premiums and is not necessarily the same as the insured or the beneficiary.",
  "url": "https://mlchart.com/terminology/insurance/policy-owner/"
}

Record 2,623 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.