TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

WAIVER PREMIUM BENEFIT [1 record]

Record 1 1990-02-26

English

Subject field(s)
  • Insurance
DEF

A provision that under certain conditions an insurance policy will be kept in full force by the insurance company without the payment of premiums. It is used most often as a total and permanent disability benefit and may be available in certain other cases.

French

Domaine(s)
  • Assurances
DEF

Garantie selon laquelle l'assuré est exempté du paiement des primes en cas d'invalidité.

Spanish

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