A waiver of premium rider's cost will depend on several factors, including your age, health and amount of coverage. For example, you might pay about $3 a month if you're a 35-year-old man with a 20-year, $500,00
It’s important to note that a Waiver of Premium Rider is not automatically included in a life insurance policy and typically comes at an additional cost. However, the benefits it provides can be invaluable in times of need. When a policyholder meets the criteria for the waiver, usual...
While some select few policies may include a waiver of premium rider with the policy (this is generally more commonly included without charge on universal and variable universal life policies) the rider generally is added at cost, and it must be added at the issue of the life insurance policy...