What is the difference between a policy holder and a beneficiary?

What is the difference between a policy holder and a beneficiary?

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  Can my wife get my military retirement if we divorce?