Waiver of Premium:In situations when the policyholder is unable to pay premiums due to disability or death of the policyholder where the insured and policyholder are different, this rider prevents the life insurance policy from lapsing and ensures that the policyholder can avail the pre-decided mat...
Waiver of Premium rider. This rider waives premiums if a policyholder becomes disabled for at least six months. Premiums are waived as long as the total disability persists unless you become totally disabled after age 60, in which case the coverage extends for up to one year or until you tur...
Waiver of Premium Rider: Should you become disabled and unable to work, this rider waives the universal life insurance premiums, ensuring your coverage continues without financial strain. Guaranteed Insurability Rider: This rider offers the option to purchase additional insurance at certain intervals with...
3. Waiver of Premium RiderIf you add this rider to your policy, the insurance company will waive your premiums if you become disabled and unable to work. That being the case, you may not be able to afford to pay your premiums.The waiver will relieve you of that burden while keeping ...
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Waiver of premium rider –Available at an extra cost. This rider pays the insurance policy premiums if the insured suffers a total disability. This rider is available after a six-month waiting period. Coverage expires when the insured turns 65. Terminal illness rider –Can be purchased in case...
Waiver of premium rider:This feature is available for Gerber Life Whole Life policies and waives premium payments if the policyholder becomes totally disabled before age 60. This rider ensures that the insurance coverage remains active without requiring payments during the disability period, providing fi...
Waiver of premium benefit - Zurich will waive your premiums if you are unable to work through accident or illness. Free Airplane cover - Is paid if the life insured dies as a fare-paying passenger on a commercial airline. This benefit is provided free of charge. ...
Premium waiver. Should you need to claim, some policies will require you to continue to pay the monthly premium (index linked of course!), for the entire term of the claim. Once any benefit paid has dropped to 30% this will substantially impact the monies received. Ask your policy provider...
Waiver of premium rider:This rider allows your policy to remain in force in the event you become disabled and can’t work. Guaranteed renewability clause:This rider allows term life policyholders who have been diagnosed with a serious or terminal disease near the end of their existing term to...