Show YOUR LIFE UfE INSURANCE Prepared by the American AmericanS S So Society o e c l i e t y of Chartered Life U Underwriters n nd d e the national society of life insurance pro professionals fessio na Is who have earned the C L U designation by meeting high educational ethical and experience requirements requirement Q What is a waiver of premium clause Is this optional op extra of any real value to tome me A. A A waiver of premium clause is a part of your insurance insurance insurance ance policy that says if you are too sick to work you wont won't have to pay the premiums premiums pre pre- on your policy until you are able to work work again The f this optional extra is demonstrated by the fact that every year about 35 million of life insurance premiums are paid for for- fordis disabled disabled dis dis- dis- dis abl d policyholders policy through this provision representing provision representing possibly 2 billion of life liCe in insurance insurance insurance in- in kept in force each year |