What Is Waiver Of Premium Rider On Life Insurance? 
Waiver of premium waives the premiums due if the insured becomes disabled under the riders definition of disability while the rider is in force . This mean the insured would no longer be responsible for paying the premiums unless or until he or she recovered from the disability . Life most disability policies , this rider requires the insured be disabled for a certain period of time -LRB- generally six months -RRB- before benefits begin . Once benefits begin , all premiums due during this six months are refunded to the insured . 