Tag: policies
Variable Life Insurance Policy
What is a 'Variable Life Insurance Policy' A variable life insurance policy is a form of permanent life insurance. Variable life insurance provides...
Vandalism And Malicious Mischief Insurance
What is 'Vandalism And Malicious Mischief Insurance' A type of insurance coverage that protects against losses sustained as a result of vandals....
Fallout Risk
What is 'Fallout Risk' The lending risk that occurs when the terms of a loan are confirmed simultaneously with the terms of...
Waiver Of Restoration Premium
Waiver Of Restoration Premium What is 'Waiver Of Restoration Premium ' A clause in an insurance policy that says that the...
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...
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...
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...