Glossary

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Term Definition Legal instruments

policyholder

31/12/2020

The changes to this defined term are effective from 23:00 on 31/12/2020.

either:

(1) means, in respect of a contract of insurance where the insurance undertaking is a UK Solvency II firm, a policyholder which includes a beneficiary; or

(2) has the meaning given in article 3 of the Financial Services and Markets Act 2000 (Meaning of "Policy" and "Policyholder") Order 2001 (SI 2001/2361).