HomeDefinitionsCompareDebt Waiver of premiumThe financial definition for Waiver of premium:A provision in an insurance policy that allows payment of insurance premiums to be permanently or temporarily stopped in the event the policyholder becomes incapacitated. Similar MatchesBond premiumBond premiumSee: Bond discount Call premiumCall premiumPremium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its scheduled maturity date. Conversion premiumConversion premiumThe extent by which the conversion price of a convertible security exceeds the prevailing common stock price at the time the convertible security is issued. Further SuggestionsDefault premiumFixed premium Forward premium High premium convertible debenture Insurance premium Liquidity premium Option premium Click to compare definitions of Waiver of premium Click to view definitions beginning wa |