Meaning Of The Word Waiver of premium

Real Dictionary

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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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