Statement in which a life insurance applicant is charged a higher-than-standard premium to reflect a unique impairment, occupation, or hobby, such as a history of heart disease, a circus performer, or a sky diver.
| Business Dictionary: Rated Policy |
Statement in which a life insurance applicant is charged a higher-than-standard premium to reflect a unique impairment, occupation, or hobby, such as a history of heart disease, a circus performer, or a sky diver.
| 5min Related Video: Rated Policy |
| Insurance Dictionary: Rated Policy |
Statement in which a life insurance applicant is charged a higher-than-standard premium to reflect a unique impairment, occupation, or hobby, such as a history of heart disease or a circus performer or sky diver.
| Substandard Health Insurance (Qualified Impairment Insurance) (insurance term) | |
| Substandard Life Insurance (insurance term) | |
| State High Risk Pools for the Medically Uninsurable (insurance term) |
| What does policy rate mean? | |
| What is the role of overnight policy rate? | |
| What are RBI policies on interest rate? |
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