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Waiver Of Restoration Premium

What is 'Waiver Of Restoration Premium '

A clause in an insurance policy that says that the insurance company will not require the policyholder to pay a fee to get back the level of coverage that their policy initially provided before any claims were paid out. If a policy does not contain the waiver of restoration premium, it may be possible to regain coverage by paying an additional premium.

Explaining 'Waiver Of Restoration Premium '

On the other hand, the policy may simply become exhausted once the policy limits have been reached. Insurance policies have a maximum amount that they will pay for both individual incidents and over the life of the policy. If restoring an insurance policy is not an option, the insured may want to purchase secondary policies that can go into effect if the primary policy becomes exhausted.


Further Reading


The value of waivers from the affordable care act
www.tandfonline.com [PDF]
… that receiving a waiver from the annual and lifetime limit mandates would restore these profits … Yet, we did not find a significant increase in stock prices following the waiver announcements … may have reduced expected firm profits to a minimal degree, such that waivers from them …

Financial considerations of policy options to enhance biomass utilization for reducing wildfire hazardsFinancial considerations of policy options to enhance biomass utilization for reducing wildfire hazards
www.sciencedirect.com [PDF]
… that receiving a waiver from the annual and lifetime limit mandates would restore these profits … Yet, we did not find a significant increase in stock prices following the waiver announcements … may have reduced expected firm profits to a minimal degree, such that waivers from them …

Should consumers be permitted to waive products liability? product safety, private contracts, and adverse selectionShould consumers be permitted to waive products liability? product safety, private contracts, and adverse selection
academic.oup.com [PDF]
… that receiving a waiver from the annual and lifetime limit mandates would restore these profits … Yet, we did not find a significant increase in stock prices following the waiver announcements … may have reduced expected firm profits to a minimal degree, such that waivers from them …

Should financial stability be an explicit central bank objectiveShould financial stability be an explicit central bank objective
books.google.com [PDF]
… that receiving a waiver from the annual and lifetime limit mandates would restore these profits … Yet, we did not find a significant increase in stock prices following the waiver announcements … may have reduced expected firm profits to a minimal degree, such that waivers from them …


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