Meaning paid-up option
What does paid-up option mean? Below you find one meaning for the word paid-up option You can also add a definition of paid-up option yourself

1

0 Thumbs up   0 Thumbs down

paid-up option


A form of insurance available as a nonforfeiture option. It provides for continuation of the original insurance plan, but for a reduced amount.
Source: oregonlaws.org




<< bicycle lane parcel of territory >>