Meaning 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
More terms such as Waiver of premium in Dictionary W.
- Definition Whole Loan:
- Examples A term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders waiver of premium definition.
- Definition Wasting Asset:
- Examples An asset that has a limited life and thus decreases in value (depreciates) over time. Also applies to consumed assets, such as oil or gas, and termed depletion waiver of premium explain.
- Definition When Distributed:
- Examples When issued waiver of premium what is.
- Definition Warranty:
- Examples A guarantee by a seller to a buyer that if a product requires repair or remedy of a problem within a certain period after its purchase, the seller will repair the problem at no cost to the buyer waiver of premium meaning.
- Definition Whoops:
- Examples Washington Public Power Supply System, which in the 1970s raised billions of dollars through municipal bond offerings, the projects that never materialized. WPPSS defaulted on the payments to waiver of premium abbreviation.
