policyholder

(1) (except for contracts of insurance where the insurer is a Solvency II firm) (as defined in article 3 of the Financial Services and Markets Act 2000 (Meaning of "Policy and "Policyholder") Order 2001 (SI 2001/2361)) the person who for the time being is the legal holder of the policy, including any person to whom, under the policy, a sum is due, a periodic payment is payable or any other benefit is to be provided or to whom such a sum, payment or benefit is contingently due, payable or to be provided; and

(2) (in respect of a contract of insurance where the insurer is a Solvency II firm), a policyholder, which includes a beneficiary.