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Definition of

waiver of premium


policy provision to suspend premium payments a provision of an insurance policy that suspends payment of premiums, for example, if the insured receives a disabling injury

Definitions of ’waiver of premium’ and meaning of ’waiver of premium’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’waiver of premium’ and other financial terms with our online QFINANCE Financial Dictionary.

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