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Waiver of Premium Disability Claim
(redirected from Waiver of Premium Disability)

    Also found in: Acronyms 0.01 sec.
Waiver of Premium Disability Claim
A claim a policyholder makes to an insurer to activate a waiver of premium rider, which is an agreement with the insurer allowing the policyholder not to pay premiums if he/she is seriously injured, ill or disabled. In general, the policyholder must pay a one-time fee for the insurer to include a waiver of premium clause in a policy.
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Innovative riders to help customize the policy to fit individual needs are available, including: * 20-year Term Spouse * Children's Term Insurance * Accidental Death Benefit * Guaranteed Insurability Benefit * Waiver of Premium Disability Benefit * Owner's Waiver of Premium Death or Disability Benefit * Owner's Waiver of Premium Death Benefit.
Nationwide Launches YourLife(SM) Whole Life Insurance by Business Wire
Several riders are available, including: * 20-year Term Spouse * Children's Term Insurance * Waiver of Premium Disability Benefit Additionally, Nationwide YourLife(SM) Term Series may be converted - without evidence of insurability - to any level premium, level death benefit, permanent plan of whole life insurance currently offered by Nationwide at the time of conversion.
New Nationwide YourLife(SM) Term Insurance Unveiled by Business Wire
 
 
 
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