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

Waiver of Premium for Payer Benefit

A rider often included in juvenile policies which provides that the insurer will give up its right to collect the policy's premiums if the adult policy owner dies or becomes disabled.
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Waiver of Premium (WP) for Disability Benefit

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Walsh-Healey Public Contracts Act of 1936

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