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Waiver of Premium Disability Rider

Do you have a backup plan if an accident or illness leaves you unable to work? As you plan for your family's financial future, adding a waiver of premium disability rider to your life insurance policy can help make sure they’re covered.

Waiver of Premium Disability Rider

Do you have a backup plan if an accident or illness leaves you unable to work? As you plan for your family's financial future, adding a waiver of premium disability rider to your life insurance policy can help make sure they’re covered.

What Is a Waiver of Premium Disability Rider?

A waiver of premium disability rider is a type of life insurance rider, or an optional feature you can add to a new or existing life insurance policy. These riders allow you to stop paying your life insurance premiums under certain conditions, like if you become disabled. With this type of rider, you can make sure your family still has the financial protection they need, even if you stop earning an income and have trouble making your life insurance payments. You won’t have to pay your premiums for as long as the condition lasts, and your policy will still be effective until the end of its term.

Qualifying for a waiver of premium disability rider is partly based on factors like your current age and health, depending on the life insurance company you choose. You may also have a waiting period involved before your rider kicks in.

While a waiver of premium rider does increase your life insurance costs slightly, it also guarantees financial protection later, so you can breathe a little easier.

Benefits of a Waiver of Premium Disability Rider

A disability income benefit rider can help you gain added peace of mind when you need it. Some of the top benefits include:

  • Minimizing the financial impact of a disability

    Minimizing the financial impact of a disability

  • Prevent your life insurance from lapsing

    Prevent your life insurance from lapsing

  • Flexible coverage for your unique needs

    Flexible coverage for your unique needs

Waiver of Premium Rider Through eFinancial

If you’re concerned about paying your life insurance premiums if you become disabled or ill, eFinancial is here to help. We offer affordable, high-quality coverage from over 20 top life insurance providers, and our agents are ready to help you find the right life insurance company, policy, and rider options. At eFinancial, we’re committed to making the life insurance buying process simple, affordable, and convenient for you and your family.

You've Got Questions. We've GotAnswers.

Wondering if a disability waiver of premium rider is the best choice for you? Here are answers to some of our most common questions:

Interested in adding a waiver of premium disability rider to a whole or term life insurance policy?

Get your quote online, or talk to one of our agents at 866-388-3996800-957-9525.