You are here: Home Page
/
Dictionary
Moneyextra.com
Waiver of Premium
Additional Services
- Insurance - need home, travel or car insurance?
- Credit Reports - how credit worthy are you?
Waiver of premium is a policy option available within certain insurance, assurance and pension policies in which the institution offering the policy undertakes to continue making regular premium payments to the contract on the individual's behalf in the event of a pre-defined situation, such as sickness or disability.
Last Updated: November 2007 © Moneyextra.com
MoneyExtra.com recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.
