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How To Apply For A Disability Waiver of Premium Under A Life Insurance Policy

Step 1. Check your policy to determine if you have a disability waiver of premium provision.

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If you have an individual policy

The disability waiver of premium provision would be described either in the policy itself or in an attached policy amendment ("rider"). If you've lost your policy, contact the insurance company and request a full duplicate copy of your policy. You don't have to indicate a reason for this request.

If you have group coverage through an employer or other organization

Read your certificate of coverage to look for provisions relating to "disability."

If you do not have a certificate, contact the policy administrator and ask for one. Consider asking for a complete copy of the policy. You have a legal right to one! You don't have to indicate the reason for your request. It is sufficient to indicate that you simply wish to review the details of your coverage.

Often an employer or group administrator will indicate that you have sufficient information regarding your coverage, because they don't want to be bothered by your request. Don't buy this line. Keep pushing until you receive full documentation.

If it seems as though you are going to have difficulty obtaining documentation about your coverage, put your request for a certificate or copy of the policy in writing. Requests in writing get attention. Also keep detailed notes of any conversations that you have with your employer, the policy administrator, or the insurance company. Be sure to include the date and time of any conversations, as well as the name of the individual(s) that you speak with. Keep these notes with your life insurance file(s).

With group coverage through an employer, there is often a requirement for the employer to notify you of your right to the waiver of premium. If you have been on disability for a period of time and you lost your insurance coverage because you were not notified of your rights, you may be able to have your coverage reinstated. If necessary, contact the insurance department in your state for assistance. See: offsite link.

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