### Question
How does Insurance Companies define policyholder?


### Answer
Under *26 U.S.C. § 831*, **policyholder** is defined as:

> each policyholder of the underlying direct written insurance with respect to such reinsurance or arrangement

#### Citation:
  - *26 U.S.C. § 831*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter L-Insurance Companies > PART II-OTHER INSURANCE COMPANIES**

