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What is the difference between the insured and the policyholder?

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What is the difference between the insured and the policyholder?

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I have been asked this question in final exam.

Other related questions to my question are:

What is the difference between policyholder and insured?

What is the difference between policyholder and policy owner?

What is the difference between policyholder and subscriber?

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Correct answer for this question is: The insured is the person covered by the insurance policy. In nearly all types of insurance, the policyholder and their immediate family members living in the same household are automatically covered. Life insurance works a little differently. A policyholder can buy life insurance to insure someone else.Sep 10, 2020

The title of my answer can be What is a policyholder? | Coverage.com

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