Exam term
Return-of-premium rider
A rider, usually on term life, that refunds the premiums paid if the insured is still living when the level term period ends; lapsing or surrendering early typically forfeits some or all of the refund.
Lessons that use this term
- Term product types California
- Life policy riders California
- Return-of-premium, disability, and cost-of-living riders Florida
- Health policy riders Florida
- Term life insurance types New York
- Return-of-premium, disability, and cost-of-living riders New York
- Return-of-premium, disability, and cost-of-living riders Texas