How Do You Define Inflation Protection?
Inflation protection is a special feature of insurance policies which provides an increase in the value of benefits by a certain percentage at certain times in the future. The purpose of this feature is to ensure that the effects of future inflation do not hurt the value of benefits.
Definition of Inflation Protection: An optional property insurance guide offered by some insurers that extends the policy range in the policy life to keep inflation in check.
Literal Meanings of Inflation Protection
Meanings of Inflation:
Spreading something or a state of inflation.
General increase in price and decrease in purchase price of silver.
Sentences of Inflation
Inflation control policy
Synonyms of Inflation
mounting, hyperbole, escalation, colouring, inflation, extravagance, overplaying, exaggeration, embellishment, magnification, increase, aggrandizement, overemphasis, overvaluation, excessiveness, overestimation, amplification, gain, rise, dramatization, enhancement, embroidery, growth
Meanings of Protection:
Safety operation or safety condition.
Synonyms of Protection
indemnity, lee, safety, safeguarding, immunity, defence, safe keeping, shelter, shielding, preservation, conservation, security, refuge, insurance, sanctuary