Adjustable Premium(redirected from Adjustable Premiums)
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved