Waiver of Premium
A waiver of premium provision relieves you of having to make premium payments after you have been disabled for at least 90 days or the length of the elimination period, if shorter. In effect, it frees up money for other expenses when disability has caused a drop in income.
The best disability insurance policies continue to waive the premium during the six months following a recovery from disability. This allows you additional time to get adjusted before assuming the full burden of your pre-disability financial commitments.
Other Policy Provisions:
Own Occupation Definition and other definitions of Total Disability
Capital Sum Benefit
Transplant and Cosmetic Surgery Benefit
Exclusions and Limitations
Request a Disability Quote to view the policy differences.