Waiver of Premium
This is an option available to the applicant for life insurance which sets certain conditions under which an insurance policy will be kept in full force by the insurance company without the payment of premiums.
Waiver of premium
Often when illness strikes, money is short and a waiver of premium is used to continue the life of the Plan during illness periods so that the term of the Plan is not broken.
Waiver Of Premium Rider
Investment Dictionary:
Waiver Of Premium Rider
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waiver of premium
Definition 1.
Insurance policy clause or option allowing a policyholder who becomes disabled or seriously ill to not pay the premiums.
Definition of
waiver of premium
Insurance
policy provision to suspend premium payments a provision of an insurance policy that suspends payment of premiums, for example, if the insured receives a disabling injury ...
Waiver of premium
An optional feature on some life policies where the insurance company will pay the premiums if the policyholder becomes ill.
Weighting ...
Waiver of premium
A provision in an insurance policy that allows payment of insurance premiums to be permanently or temporarily stopped in the event the policyholder becomes incapacitated.
Waiver of Premium Rider - A clause in an insurance policy that waives the policyholder's obligation to pay any further premiums should he or she become seriously ill or disabled.
waiver of premium: a provision of an insurance policy that suspends payment of premiums, for example, if the insured suffers disabling injury
walk: to resign from a job ...
Waiver of Premium Provision. A provision available in many disability income and life insurance policies that allow the policy to stay in force without the payment of premiums if the insured has been disabled for a specific periof of time ...
Waiver of Premium: An insurance policy rider that allows a policyholder to stop making premium payments if the insured suffers a permanent disability. Generally, there is an additional cost for this rider to become part of a policy.
Waiver of Premium - A provision in some insurance contracts which enables an insurance company to waive the collection of premiums while keeping the policy in force if the policyholder becomes unable to work because of an accident or injury.
Waiver of premium
If you have a waiver of premium provision in your long-term care or disability insurance policy, you may qualify to stop paying premiums once you've begun collecting benefits.
Waiver Of Premium For Disability Benefit (WP)
Waiver Of Premium For Payer Benefit
Walsh-Healey Public Contracts Act Of 1936 ...
Waiver of Premium (WP)
in life insurance, action by an insurance company canceling premium payments by an insured who has been disabled for at least six months.
Waiver Of Premium For Payer Benefit
A clause in an insurance policy that says that the insurance company will not require the insured to pay a fee to maintain the policy under certain conditions.
DEATH WAIVER OF PREMIUM
A policy benefit that may be available on joint life insurance policies that waives the premiums after the first death.
DEBENTURE ...
Waiver of premium is a benefit available on qualified life insurance contracts that provides for the waiver or payment of premiums that fall due while the insured is totally disabled.
waiver of premium An insurance policy clause that permits a policyholder to discontinue payment... wall See brought over the wall, Chinese Wall. Wall Street The name denoted for a narrow street in lower Manhattan , New York City, and...
Waiver Of Premium
This is used to continue the policy in the event of becoming disabled or ill, and unable to work for longer than (usually) six months. The i...(Read more)
Warehousing ...
Time during which the Securities and Exchange Commission (SEC) studies a firm's registration statement. During this time the firm may distribute a preliminary prospectus.
Waiver of premium ...
 See also: Waiver, Cash value, Expense, Values, Life insurance policy
  
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