The policyholders in insurance are the insured, the owner of the policy interest and the person in charge of the policy, who exercise the policy interest and undertake the obligations related to the policy, such as paying the premium. Policy holders' rights and interests can be reasonably transferred.

Article 21 of the Measures for the Administration of Insurance Protection Funds:

If the liquidation assets of an insurance company that has been legally revoked or bankrupt are insufficient to pay the benefits of the life insurance contract, the insurance protection fund may provide assistance to the policy transferee company according to the following rules:

1. If the policy holder is an individual, the amount of assistance shall not exceed 9% of the benefits of the policy before the transfer;

2. If the policy holder is an institution, the amount of assistance shall be limited to the fact that the benefits of the policy after the transfer do not exceed 8% of the benefits of the policy before the transfer. If the insurance protection fund provides assistance to the policy transferee company in accordance with the provisions of the preceding paragraph, the amount of assistance shall be determined on the principle of protecting the rights and interests of small and medium-sized policy holders to maintain the stability of the insurance market and according to the financial situation of the insurance protection fund.