Fundamentos de Accidente y SaludPregunta 484 de 716
Many disability income policies include a waiver of premium feature that:
a.Doubles the monthly disability benefit for as long as the insured remains totally disabled
b.Shortens the policy's elimination period to zero days so that monthly benefits begin on the first day of a disability
c.Adds a lump-sum death benefit payable to the insured's named beneficiary at no extra cost
d.Stops premium payments while the insured is disabled, usually after a waiting period, keeping the policy in force
Explicación
The waiver of premium feature in a disability income policy relieves the insured of paying premiums once they have been disabled for a specified period (often 90 days), and coverage continues without payment while the disability lasts. It does not eliminate the elimination period, double the benefit, or add a death benefit. The feature protects the policy from lapsing at the very time the disabled insured may struggle to pay premiums.
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)