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What does “waiver of premium” mean?

April 26, 2017mean waiver of premium

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What does “waiver of premium” mean?

2 Answers

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Most of Shelter&#146s life insurance policies offer a feature where your premium will be waived after 6 months of total disability. The waiver has some limitations of age and timing of the disability so you should check the specific requirements placed on each policy before you purchase it. Your agent can help you determine whether or not the policy you are considering includes a waiver of premium.

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Posted

Most of Shelter’s life insurance policies offer a feature where your premium will be waived after 6 months of total disability. The waiver has some limitations of age and timing of the disability so you should check the specific requirements placed on each policy before you purchase it. Your agent can help you determine whether or not the policy you are considering includes a waiver of premium.