Adjustment Provision

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Dictionary Says

Definition of 'Adjustment Provision'

A provision in a life insurance policy that allows the policy to be changed in one or more ways. This may involve increases or decreases to either the policy's premium or face amount, changes to the length of protection or period of premium payments.
Investopedia Says

Investopedia explains 'Adjustment Provision'

Adjustable life insurance policies are more expensive but allow the policy holder to make adjustments as his or her needs change. Insurers and plans differ regarding the frequency, amount and degree of changes allowed. Increases to a policy's face amount usually require that the policy holder re-prove his/her insurability.
Search results for

'Adjustment Provision'

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    ... of living (COLA) adjustments, 1975 through 2011 a Cost-of-Living Adjustment b The ...
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  • The Disability Insurance Policy: Now In English

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    ... Planning Saver's Tax Credit As a means of encouraging certain taxpayers to contribute
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    ... under either Chapter 11 (reorganization) or Chapter 13 (adjustment of debts ... BAPCPA
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  • Subprime Is Often Subpar

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    ... A prepayment penalty is a provision in the mortgage contract that requires the ... interest
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  • Start Over With The IRS

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    ... Both this and the previous provision are aimed at reducing the substantially ... in the
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