Meaning Of The Word Waiver of premium

Real Dictionary

What's the definition of Waiver of premium? Find Waiver of premium meanings, definitions and more at the Real Dictionary online.

Waiver of premium Meaning

Waiver of premium Definition
Waiver of premium Definition

What's The Definition Of Waiver of premium?

waiver of premium in American English
a provision in a policy establishing specific conditions under which the policy will be kept in force without the policyholder's being required to continue to pay premiums
noun: A waiver of premium is a provision that allows the insured not to pay premiums during a period of disability that has lasted for a particular length of time.

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