Bǎoxiǎn gōngsī jiāng péichángjīn zhīfù gěi tóubǎorén zhǐdìng de shòuyìrén.
The insurance company pays the compensation to the beneficiary designated by the policyholder.
Tips
mistakes
Don't confuse 投保人 (the one who buys/pays for the policy) with 被保险人 bèibǎoxiǎnrén (the insured person whose life or property is covered) or 受益人 shòuyìrén (the beneficiary). They can be the same person but legally are distinct roles.
register
Formal/legal term used in insurance contracts and financial news. 投 here means 'to submit/apply for', not 'to throw'.
