Definitions for "Return of Premium"
Keywords:  rider, premium, minus, exceed, paid
Specific policies, upon the insured's death, will return to the owner or to the owner's beneficiary if the owner is deceased or to the owner's estate if there is no beneficiary, all or part of the premiums paid.
refund of any premium that you paid to cover any period after the date of you death or after the effective date of your cancellation of coverage. A - B C - E F - H I - M N - R S - Z
A rider that provides that if you die after being insured for a specified period or if you have paid premiums for a specified period, the insurance company will return premiums paid minus any benefits paid.
Keywords:  money, back, see
(See Money-Back.)