Level Premium (Health Care) Law and Legal Definition
Level premium refers to a rating arrangement under which premium remains fixed or same for the duration of the contract. A level premium remains the same throughout all the premium payment years of the contract, and does not increase with the insured’s age. It is also called as a fixed premium.
Legal Definition list
- Level Premium (Health Care)
- Level One Services (Health Care)
- Level of Bonded Indebtedness [Education]
- Level IV Facility Beds
- Levee
- Level Premium Life Insurance (Health Care)
- Level Term Insurance (Health Care)
- Level Three Services (Health Care)
- Level Two Services (Health Care)
- Level-of-Effort Term Contract
- Leverage
Related Legal Terms
- Accelerated Benefits (Health Care)
- Acceptable Level of Academic Standing
- Acceptable Quality Level [Agricultural Marketing Service]
- Accumulation Value (Health Care)
- Action Levels (Environmental Law)
- Actual Age (Health Care)
- Actuarial Equivalent (Health Care)
- Acute Care
- Additional Health Services
- Additional Premium
