Whats the difference between policyholder and insured?

Whats the difference between policyholder and insured?

The policyholder is the person or organization in whose name an insurance policy is registered. The insured is the one whor has or is covered by an insurance policy. The beneficiary is the person who receives the insurance proceeds from a life insurance policy or annuity. Nov 10, 2015

See also  Is Manulife owned by Sunlife?