waiver of premium clause

waiver-of-premium clause. Insurance. A provision for a waiver of premium payments after the insured has been disabled for a specified length of time, such as six months. [Cases: Insurance 2035. C.J.S. Insurance §§ 452–453, 556, 732–733, 773, 817, 832–833.]

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词条贡献者

双语律师李明，国际知名法学院法律专业，擅长翻译各类与政府监管相关的法律文件。