Tag: premium

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

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

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

What is 'War Damage Insurance Corporation' A government financial protection arm created during World War II to provide coverage for war risks...

What is 'Warrant Premium' The amount that an investor must pay above the current market price for a security, when purchasing and...

What is 'Above Par' A term used to describe the price of a security when it is trading above its face value....

There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...

Premium, in the simplest of terms, is the total cost of any option. It is basically the sum of your option’s time and intrinsic...

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

DefinitionIn business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without...