The 6 months following the date of onset of Total and Permanent Disability due to accident of the life assured. The additional benefit specified in the plan becomes payable only after the completion of the waiting period.
Waiver of Premium (total disability) Rider
A rider to an insurance policy providing that the policy and coverage will remain in effect for a specified period of time. In the event the insured becomes totally disabled during that time, the insured does not have to make premium payments.
Life insurance which provides coverage for an individual's whole life, rather than a specified term. It includes a savings component, called cash value that builds over time and can be used for wealth accumulation.