Additional Life Insurance Benefits

A rider can be added to a life insurance policy to provide additional benefits. Most riders require the payment of an additional premium. The following section discusses additional life insurance benefits that can be added to a life insurance policy by an appropriate rider. These benefits provide valuable protection to policyholders.

Waiver-of-Premium Provision

A waiver-of-premium provision can be added to a life insurance policy. In some policies, the waiver-of-premium provision is automatically included. Under this provision, if the insured becomes totally disabled from bodily injury or disease before some stated age, all premiums coming due during the period of disability are waived. During the period of ...

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