Summary Individual disability insurance is designed to provide financial protection to individuals who are unable to work due to a disability. It offers a range of features, including benefit amount, waiting period, and benefit period. The benefit amount is the amount of money that the policyholder will receive each month if they become disabled, while…
Are you afraid of missing out on your life insurance premiums? Worry no more because the waiver of premium rider is here to save the day! This rider can be added to your policy and may cover the payment of your premiums during a period of disability. What does this mean? Well, it means that…
An individual can purchase disability insurance with a return of premium benefit that allows them to be protected from disability, as well as receiving a return of premium if the individual remains healthy. There are numerous disability insurance providers with provide return of premium such as; AXA Assurance, Canada Life and Manulife. They offer disability…