Insurance policy clause or option allowing a policyholder who becomes disabled or seriously ill to not pay the premiums.
Related information about waiver of premium:
- Waiver Of Premium Rider Definition | Investopedia
A clause in an insurance policy that waives the policyholder's obligation to pay any further premiums should he or she become seriously ill or disabled. A waiver ...
- What is waiver of premium? definition and meaning
Definition of waiver of premium: Insurance policy clause or option allowing a policyholder who becomes disabled or seriously ill to not pay the premiums.
- Waiver Of Premium Rider: Definition from Answers.com
Waiver of Premium (WP) In life insurance, action by an insurance company canceling premium payments by an insured who has been disabled for at least six.
- Waiver of Premium - Financial Dictionary - The Free Dictionary
Waiver of Premium. Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia, 0.03 sec. Waiver of premium. A provision in an insurance ...
- Keeping Your Coverage If You Become Disabled
No one wants to think it will happen, but you can cover yourself with a Disability Waiver of Premium Rider.
- Life Insurance Waiver Of Premium And Accidental Death Benefit ...
Most life insurance companies offer waiver of premium and accidental death benefit riders. These riders are the less talked about benefits of owning a life ...
- What is a Waiver of Premium?
Nov 12, 2012 ... A waiver of premium is a part of an insurance policy that ensures that the policy will still work even if the person who holds it...
- Waiver of premium - UnitedHealthCare Specialty Benefits Life and ...
Overview: Waiver of Premium allows you or your employee to forego premium payment for life insurance if your employee is totally disabled, as defined in your ...