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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 …



Q&A About Waiver Of Restoration Premium


Is it possible for an insurance policy to regain coverage by paying an additional premium?

Yes, it may be possible if there is no waiver of restoration premium.

How can you tell if a project is regenerative or not?

If the project helps restore ecosystems or communities damaged by human activities then it is likely regenerative.

What are some examples of projects that are not regenerative?

Projects like strip mining or clear cutting forests are not considered regenerative because they do not help restore ecosystems or communities damaged by human activities.

Why should we care about the restoration economy?

We should care about the restoration economy because it can create jobs in areas where people need them most. It also helps improve our environment which will lead to healthier lives for everyone.

What happens if there isn't a waiver of restoration premium?

It may be possible for an insured person to regain coverage by paying an additional premium.

What is the restoration economy?

The restoration economy refers to economic growth that is based on repurposing, renewing and reconnecting the natural, built and socioeconomic environments.

Can you purchase secondary policies if your primary one becomes exhausted?

Yes, you can purchase secondary policies if your primary one becomes exhausted.

What is a waiver of restoration premium?

A clause in an insurance policy that says 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.

What does it mean for an activity to be regenerative?

It means that activities meant to repair past damage are often economically beneficial at local, regional and national scales.