Page 25 - Insurance Glossary 100 Terms - Sashi Publications

Vulnerability Assessment: The process of

identifying and quantifying vulnerabilities in a

system.

Waiting Period: The period during which no

claims are payable under the health

insurance policy.

Whole Life Insurance: A life insurance

policy that provides coverage for the entire

lifetime of the policyholder.

Waiver of Premium – A rider or provision in

an insurance policy that allows the

policyholder to stop paying premiums if they