What Is The Premium Of The Loan

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Posted on September 15, 2018 at 04:14 AM



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Premium loan | Define Premium loan at Dictionary.com
Premium loan definition, a loan made by a life-insurance company in order that a policyholder may pay the due premium, the cash value on the policy serving as security. See more.
What is an Automatic Premium Loan Provision? - Definition ...
An automatic premium loan provision is a clause in a whole life insurance policy. It states that should a policyholder fail to make a scheduled premium payment, money from the accumulated cash value of the policy will be withdrawn and used as a loan to pay the owed premium.
What is PREMIUM LOAN - Black's Law Dictionary
automatic premium loan clause, advance premium, restoration premium, excess loss premium factor, minimum premium, premium receipt, loan processing, premium tax, standard premium, waiver of premium Link to This Definition

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