Which term refers to the entity named on the policy?

Which term refers to the entity named on the policy?

• A. Additional Insured
• B. Beneficiary
• C. Named Insured
• D. Policyholder

Answer: (C)

The Named Insured is the entity whose name appears on the declarations page and is the insured party under the contract. This designation identifies who the policy protects and to whom the insured rights and duties apply—claims are filed in their name, and they receive policy notices and coverages as defined in the contract. An Additional Insured is someone added to the policy by endorsement, not the primary insured. A Beneficiary is the person who receives benefits under life or health products, not typically the casualty policy here. The Policyholder is the party that owns and pays for the policy, which can be the same as the named insured but isn’t necessarily always.

The Named Insured is the entity whose name appears on the declarations page and is the insured party under the contract. This designation identifies who the policy protects and to whom the insured rights and duties apply—claims are filed in their name, and they receive policy notices and coverages as defined in the contract.

An Additional Insured is someone added to the policy by endorsement, not the primary insured. A Beneficiary is the person who receives benefits under life or health products, not typically the casualty policy here. The Policyholder is the party that owns and pays for the policy, which can be the same as the named insured but isn’t necessarily always.