Waiver of premium


 

Home
Site Map
Add Term
Search
About Us
Contributors

Waiver of premium

An arrangement in life insurance, which, in return for some increase in premium, ensures that policyholders have their premiums paid during periods of absence from work due to illness or accident. There is usually an elimination period (or waiting period), UK deferment period, typically several months, after which the insurers commence payments.

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

Similar Matches

Term premiums

Term premiums

Excess of the yields to maturity on long-term bonds over those of short-term bonds.


Percentage premium

Percentage premium

Applies mainly to convertible securities. Premium over parity of a convertible bond divided by parity.


Insurance premium tax

Insurance premium tax

A tax imposed on certain insurance premiums where the risk is located in the UK.


Single premium life insurance

Single premium life insurance

A single payment for an insurance policy rather than regular premiums.


Liquidity premium

Liquidity premium

Forward rate minus expected future short-term interest rate.


Further Suggestions

life assurance premium relief
Forward premium
option premium
Insurance premium
premium
Conversion premium
Unamortized premiums on investments
Single premium life insurance
Premium
Single Premium Deferred Annuity (SPDA)
equity risk premium
premium bonds
Forward premium
Call premium
Premium bond
Risk premium
Risk premium approach
warrant premium
Bond premium
High premium convertible debenture
Risk premium
Default premium
Tender offer premium
Option premium
Premium income


 
All rights Reserved. Do not copy without permission.