Tag: policyholder

Yearly Renewable Group Term Insurance

Yearly Renewable Group Term Insurance What is 'Yearly Renewable Group Term Insurance ' A type of insurance policy purchased by employers to...

Accelerated Death Benefit (ADB)

Accelerated Death Benefit (ADB) What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can...

Vanishing Premium

Vanishing Premium What is 'Vanishing Premium ' A type of periodic fee, paid in exchange for an insurance policy, that eventually...

Variable Life Insurance Policy

Variable Life Insurance Policy What is a 'Variable Life Insurance Policy' A variable life insurance policy is a form of permanent life...

Vanishing Premium Policy

Vanishing Premium Policy What is 'Vanishing Premium Policy' A vanishing premium policy is a form of participating whole life insurance where the...

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

Waiver Of Premium Rider What is 'Waiver Of Premium Rider' A waiver of premium rider is a clause in an insurance policy...

Waiver Of Coinsurance Clause

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

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...

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