Disability Waiver of Premium Rider

(Form No. R I1703)

The Disability Waiver of Premium Rider provides for waiver of all policy and rider premiums during an insured’s total disability occurring prior to their 60th birthday and lasting at least six months.

“Total disability” means a disability due to a sickness or injury which, (a) for the first two years after the start of disability, keeps the insured from doing the substantial and material duties of their own occupation and (b) after premiums have been waived for two years, keeps the insured from doing the substantial and material duties of any occupation for which they become reasonably suited by education, training or experience..

Availability:  Available at time of application to the base policy insured

Issue Ages:  age last birthday, as follows -

•    10-year, 15-year and 20-year level premium periods, 18 through 55

•    30-year level premium period, 18 through 50

Termination Age:  65

Issue Limitations:  Only available on base policies issued through Table 4 (200 percent); rider itself can be rated Table 2 (150 percent) or Table 4 (200 percent). Not available to retirees.