{"id":7529,"date":"2020-02-04T08:06:32","date_gmt":"2020-02-04T07:06:32","guid":{"rendered":"https:\/\/www.prismalife.com\/prismawiki\/premium-free-insurance\/"},"modified":"2020-02-04T08:06:32","modified_gmt":"2020-02-04T07:06:32","slug":"premium-free-insurance","status":"publish","type":"encyclopedia","link":"https:\/\/www.prismalife.com\/en\/prismawiki\/premium-free-insurance\/","title":{"rendered":"Premium-free Insurance"},"content":{"rendered":"<p><a href=\"https:\/\/www.prismalife.com\/en\/prismawiki\/premium-2\/\" target=\"_self\" title=\"Payment by the policyholder for the insurance cover. A distinction is made between first premium and subsequent premium. Initial premium: Premium where the payment brings the insurance cover into effect, unless provisional cover has been granted or retroactive cover has been agreed (material commencement of insurance). If the initial premium is not paid on time,&hellip;\" class=\"encyclopedia\">Premium<\/a>-free insurance is insurance for which no more premiums are to be paid, e.g. if a <a href=\"https:\/\/www.prismalife.com\/en\/prismawiki\/single-premium\/\" target=\"_self\" title=\"Payment of the premium in advance for the entire insurance period.\" class=\"encyclopedia\">single premium<\/a> is paid or if an insurance is converted into a <a href=\"https:\/\/www.prismalife.com\/en\/prismawiki\/premium-2\/\" target=\"_self\" title=\"Payment by the policyholder for the insurance cover. A distinction is made between first premium and subsequent premium. Initial premium: Premium where the payment brings the insurance cover into effect, unless provisional cover has been granted or retroactive cover has been agreed (material commencement of insurance). If the initial premium is not paid on time,&hellip;\" class=\"encyclopedia\">premium<\/a>-free insurance with a corresponding reduction of the sum insured<\/p>","protected":false},"author":1,"template":"","encyclopedia-category":[],"encyclopedia-tag":[],"class_list":["post-7529","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia\/7529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia\/7529\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/media?parent=7529"}],"wp:term":[{"taxonomy":"encyclopedia-category","embeddable":true,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia-category?post=7529"},{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia-tag?post=7529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}