In a disability income policy, the period between the time a person becomes disabled and the time
insurance payments begin.
An agreement attached to a policy which exempts from coverage certain disabilities or injuries which
are normally covered by the policy.
Waiver of Premium
A provision included in some policies which exempts the policyholder from paying
the premiums while an insured/policyholder is totally disabled, during the life
of the contract.
Whole Life Insurance
Insurance coverage which continues for the entire life of the insured.
Laws requiring employers to assume responsibility for accidents and illnesses of employees that are
incurred in the workplace.
This information should not be construed as legal advice or a legal opinion on any factual situation.
This summary is for illustrative purposes and is not a contract. It is intended to provide a general
overview, at the time first posted, of the topics described. Only the insurance policy can give actual
terms, conditions and exclusions.