Adjustable Premium

Adjustable Premium

A premium on an insurance policy that the insurer may alter. The premium may go either down or up, at least to a certain, stated limit. The premium may be adjusted depending on a change to the policyholder's life expectancy, the returns on the investments made with the premiums, and other factors.
References in periodicals archive ?
Custom rifle extras like a Monoforge upper receiver with integrated rail base, Geissele SSA-E 2-stage Precision Trigger, Magpul PRS adjustable premium stock, all LWRCI Ultra Brake 4 Port Enhanced muzzle brake, come standard on the new REPR MKII.
to determine the correct premium (for) policies with adjustable premiums ...

Full browser ?