Waiver of Premium. In the event an employee becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the employee had at the time of disability.
Waiver of Premium. In the event an employee is receiving long term salary continuance benefits provided by this policy, the premium for his/her insurance shall be waived for the period during which benefits are paid.
Waiver of Premium. Premiums falling due within a period when benefits are payable are waived.
Waiver of Premium. In the event an ASF Member becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the ASF Member had at the time of disability.
Waiver of Premium. In the event a supervisor becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the supervisor had at the time of disability.
Waiver of Premium. If a protected person becomes totally disabled, payment of premiums is required for the duration of the Elimination Period. Thereafter, premium payments shall be waived for the protected person for the duration of the period during which this person is totally disabled and receiving benefits under this policy. If the protected person returns to active full-time employment at the end of the period of disability, premium payments will again become due on the first day of the policy month following the date of her/his return to work.
Waiver of Premium. In the event a faculty member becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the faculty member had at the time of disability.
Waiver of Premium. In the event a nurse becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the nurse had at the time of disability.
Waiver of Premium. In the event a teacher becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the teacher had at the time of disability.
Waiver of Premium. Upon the unanimous agreement of the Corporation and the Executive, the Corporation shall apply to the Insurer for a supplemental agreement providing for the waiver of policy premiums in the event of the Executive’s disability. The Corporation shall pay any additional premium attributable to such an agreement.
