policyholderbeneficiary
A policyholder beneficiary refers to the person or entity designated to receive proceeds from a policy owner’s contract, most commonly a life insurance policy. The policyholder, or policy owner, is the person who holds the policy, controls premium payments, and can name or change who will receive benefits. The beneficiary designation matters because it determines who is entitled to the policy’s death benefit or other proceeds when the insured event occurs.
Beneficiary types and rights. Provisions typically distinguish between primary beneficiaries—first in line to receive the proceeds—and
Designation mechanics and coordination. Beneficiary designations control who receives the policy proceeds, often outside the terms
Common issues. Problems can arise from outdated designations, contested claims, or misalignment with other assets. Regular