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level-premium insurance Finance Definition
A type of insurance policy whose premiums do not change during the entire term of the policy. Although the amount of a level premium is higher than necessary for the protection given in the early years of the contract, it is less than necessary for coverage in the later years of the policy. A life insurance policy can be a level-premium policy.

Browse dictionary entries near level-premium insurance

  1. ‹ level playing field
  2. ‹ level off
  3. ‹ level-headed
  4. ‹ level crossing
  5. ‹ Level 5
  6. ‹ Level 4
  7. ‹ Level 3
  8. ‹ Level 2
  9. ‹ Level 1
  10. ‹ level
  1. leveler ›
  2. levelheaded ›
  3. lever ›
  4. leverage ›
  5. leveraged buyout ›
  6. leveraged loans ›
  7. leveret ›
  8. Levi ›
  9. Levi's ›
  10. leviable ›