net valuation premium

Definition of "net valuation premium"
  1. The fee charged for a life insurance policy, determined based on the amount required to meet obligations and maintain protective financial reserves for the policy
How to use "net valuation premium" in a sentence
  1. The higher the risk profile of the insured individual, the higher their net valuation premium may be.
  2. The company has decided to increase the net valuation premium due to market instability.
  3. A lower net valuation premium often indicates that the policyholder is low risk.

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