Policy Owner

The personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). or party who owns an individual insurancePolicies which provide protection to the policyholder and/or his/her family. Sometimes called Personal policyThe written contract of insurance.. This person may be the insuredThe policyholder - the person(s) protected in case of a loss or claim., the beneficiaryThe person, persons or entity designated to receive the death benefits from a life insurance policy or annuity contract. or another person. The policy ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe). usually is the one who pays the premiumThe sum paid by a policyholder to keep an insurance policy in force and is the only person who may make changes to a policy.

Policy Owner

The personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who may exercise the rights and privileges in the insurance policyThis is the entire written insurance contract.. This person may or may not be the insuredThe policyholder - the person(s) protected in case of a loss or claim..