net valuation premium

noun

Legal Definition of net valuation premium

: a premium for a life insurance policy set after a determination of the amount needed to cover liabilities and maintain policy reserves

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Dictionary Entries Near net valuation premium

net quick assets

net valuation premium

net worth

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Cite this Entry

“Net valuation premium.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/net%20valuation%20premium. Accessed 16 Oct. 2021.

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