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What does ROP stand for?

ROP stands for Return of Premium (insurance)

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of ROP

Other Resources:
We have 119 other meanings of ROP in our Acronym Attic

Samples in periodicals archive:

If, along with a basic policy, the purchase includes an annual adjustment for inflation and a partial return of premium if the policy is "forfeited," the premiums can be even higher.
Other business-friendly benefits from JLT Beyond include a fixed premium for three years to help businesses plan and budget for the future with confidence; a return of premium for clients if their claim record is better than expected; risk management advice and help with business continuity planning; and even more money towards the costs of reducing the risk.
The employer's portion can be a return of premiums paid, the policy's cash surrender value at the date of death or the greater of the two.
The first thing to remember about using cash value life insurance as an investment vehicle is that although a return of premiums is permissible, canceling the policy and withdrawing the interest accrued is considered a full surrender and is subject to surrender charges.