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The definitions contained herein are for general information only and are not designed for use in connection with the interpretation of any insurance policy or annuity policy issued through Insurance Answer Center.
Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Applicant


The person applying for an insurance policy is an applicant. The applicant is usually the intended policyowner after a policy is issued. The applicant may be a different person than the insured. For example, the applicant may want to buy insurance on his or her spouse in case the spouse dies and the applicant cannot pay the mortgage without the additional income.

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