Florida Life and Health Insurance License Test 2025 – 400 Free Practice Questions to Pass the Exam

A Waiver of Premium rider is designed to waive the policyowner's premium payments for their Accident and Health policy in the event of total disability, allowing the policy to continue without interruption. This rider is specifically tailored to address the financial implications of a policyowner's disability, while the other options do not provide the same level of protection. The Disability Income rider only offers income replacement for the policyowner, the Critical Illness rider only provides a lump sum payment for a specific illness, and the Accidental Death rider only pays out in the case of a fatal accident. These riders may provide important coverage in select situations, but do not address the specific concern of premium payments during total disability.