Advertisement
Advertisement
waiver of premium
- 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.
Discover More
Example Sentences
Examples have not been reviewed.
An example of a common rider is “disability waiver of premium,” which waives your policy’s premium if you become totally disabled and are unable to work.
From
Advertisement
Advertisement
Advertisement
Advertisement
Browse