insurance premium payment

  • 111additional premium — An additional payment required of a mortgagor for the privilege of paying the principal in advance, thereby stopping the accumulation of interest. Anno: 70 ALR2d 1334. The term is also used to designate the increase in premium payable under an… …

    Ballentine's law dictionary

  • 112annual rate of insurance — index premium (insurance payment) Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 113contract payment — index installment, premium (insurance payment) Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 114periodic payment — index installment, premium (insurance payment) Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 115yearly payment — index annuity, premium (insurance payment) Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 116fire insurance — An insurance policy covering financial losses caused by damage to property by fires. Most fire insurance policies also include cover for damage caused by lightning and explosions of boilers or gas used for domestic purposes. On payment of an… …

    Big dictionary of business and management

  • 117dividend on insurance policy — A payment made by an insurance company to policyholders from the surplus of the company, either in cash, by way of credit on the premium, or by applying it to the purchase of paid up insurance called a dividend addition. 29 Am J Rev ed Ins § 110 …

    Ballentine's law dictionary

  • 118limited payment plan — A policy upon a limited payment plan is a paid up policy, and insurance upon which no further premium is to be paid. Bankers Life & Loan Ass n v. Chase, Tex.Civ.App., 114 S.W.2d 374, 376 …

    Black's law dictionary

  • 119limited payment plan — A policy upon a limited payment plan is a paid up policy, and insurance upon which no further premium is to be paid. Bankers Life & Loan Ass n v. Chase, Tex.Civ.App., 114 S.W.2d 374, 376 …

    Black's law dictionary

  • 120waiver of premium — A provision in an insurance policy that allows payment of insurance premiums to be permanently or temporarily stopped in the event the policyholder becomes incapacitated. Bloomberg Financial Dictionary …

    Financial and business terms