Life Insurance Disability Waiver. With a waiver of premium rider, you won’t need. A disability waiver of premium rider allows a policyholder to skip their life insurance premium payments if they become disabled and cannot work.

Once we receive the documentation, a claims analyst will review it. The disability waiver of premium rider takes financial stress away, so you can still play sports like you use to. Waiver of premium for disability is a provision in an insurance policy that states the insurance company will not require the insured to pay the premium if they are seriously.