Flexible Premium | Insurance Glossary

Definition of "Flexible premium"

one in which the amount and frequency of payment may fluctuate.

Specific portion of a larger land tract. A parcel can also be a lot in a property subdivision. ...

Long, wide piece of lumber having a minimum width of 8 inches with a minimum thickness of 1 inch for ...

Waterproofing the joint of a roof. ...

Program enacted in 1965 under Title XVIII of the Social Security Amendments of 1965 to provide medic ...

In connection with a home, the value of the home less the balance of outstanding mortgage loans on t ...

Mortar or concrete which is pumped or 'shot' through a hose at high velocity onto a surface. ...

A limit on an adjustable-rate mortgage. ...

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

A term is the length of a loan. ...

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insur ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

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