Adjustment Provision


Definition of "Adjustment provision"

Cindy Reiser
  VIrtual Properties Realty

Provision in an Adjustable Life Insurance policy that permits the structure of the policy to be changed by:

  1. increasing or decreasing the premium;
  2. increasing or decreasing the face amount;
  3. lengthening or shortening the period of protection;
  4. lengthening or shortening the period of premium payments.



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