Home Insurance Glossary - Waiver

The Definition of "Waiver" is:

The surrender of a right or privilege. In life insurance, a provision that sets certain conditions, such as disablement, which allow coverage to remain in force without payment of premiums.



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Waiting Period Waiver Of Premium For Disability (WP) Benefit Waiver War Risk Water-damage Insurance Coverage Weather Derivative Weather Insurance Whole Life Insurance Workers Compensation Wrap-up Insurance Write Written Premiums.
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