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Topical Terminology > Waiver Of Premium Provision



1 Definition

Waiver of Premium Provision

For Waiver of Premium Provision we have a term and definition in Health Care.



Waiver Of Premium Provision (Health Care)

Any provision included within or as a rider to an insurance policy providing that, when specified conditions exist, the policy will continue in force without further premium payment. When the specified conditions no longer exist, the insured person resumes paying premiums.




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