Tag: insurance

waiver of premium rider

Waiver Of Premium Rider

What is a waiver of premium rider A waiver of premium rider is an insurance rider that waives the policyholder's obligation to pay premiums if...

Waiver Of Coinsurance Clause

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...

Federal Agencies

What is 'Federal Agencies' Special government organizations set up for a specific purpose such as the management of resources, financial oversight of...

War Exclusion Clause

What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion,...
water damage insurance

Water Damage Insurance

Most people only think about water damage insurance when they are in the middle of a flood or some other major water emergency. But...

Waiver Of Premium For Disability

Waiver Of Premium For Disability What is 'Waiver Of Premium For Disability ' A provision in an insurance policy that states...

Watercraft Nonowned Insurance

Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned...

Waiver Of Premium For Payer Benefit

Waiver Of Premium For Payer Benefit What is 'Waiver Of Premium For Payer Benefit ' A clause in an insurance policy...

War Risk Insurance

DefinitionWar risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. Some policies...

Water Damage Clause

What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...