Insurance Term

Waiver of Premium

Rider waiving premiums during total disability.

What does Waiver of Premium mean in insurance?

Keeps policy active during disability.

Related insurance terms

Premium Study Material

Don't just memorize terms.
Master the exam.

Get access to 650+ exam-like questions, detailed explanations, and specific state law-supplements for your state.

Pass Guarantee
State-Specific Content
Unlimited Practice Tests
Instant Feedback
Practice QuestionEasy

Which of the following best describes the concept of Waiver of Premium?

Start Practicing →