Meaning Adjustable premium
What does Adjustable premium mean? Here you find 2 meanings of the word Adjustable premium. You can also add a definition of Adjustable premium yourself
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Adjustable premium The contractual right of a company to modify a policy owner's premium payments under certain specified conditions.
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Adjustable premiumThe right of an insurer to change the premium rate on classes of insureds, or blocks of business at the time of policy renewal.
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