Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Initial Premium

In life and health insurance, the first premium, generally payable with the application or upon delivery of the policy. In group insurance, especially health, an amount paid at the inception of an insurance contract that permits adjustments to be made based upon future experience.
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Initial Deductible

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Initial Public Offering

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