Which of the following terms refers to the holder of an insurance policy?

The term that refers to the holder of an insurance policy is the "Policyholder." The policyholder is the individual or entity that owns the insurance policy and is responsible for paying the premiums associated with it. They have the rights and obligations outlined in the policy, which may include making decisions about coverage and benefits.

Choosing this answer is rooted in understanding the roles within an insurance context. The policyholder is the primary party in the insurance agreement, as they enter into the contract with the insurance company, thus ensuring coverage for themselves or their dependents.

The other terms mentioned have distinct meanings. A beneficiary is someone who receives the benefits from the policy upon the occurrence of a specified event, such as death in the case of life insurance. A subscriber is often used in the context of health insurance to refer to the individual who holds the insurance plan and may be responsible for enrolling dependents. A dependent, on the other hand, is someone who relies on the policyholder for health insurance coverage but does not hold the policy themselves. Understanding these distinctions is essential for navigating the insurance landscape effectively.