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

Retro Premium

This is an amount agreed upon by the insurance company and the owner of the policy at the beginning of the paying period but which is to be paid at the end, if and only if the insured party's claim experience calls for it.

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Retiree Benefit Reserves

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Retroactive Disability Benefit

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