What is waiver of premium

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What is waiver of premium benefit?

If you become ill or disabled after a specified length of time, your insurance company will continue to pay your life insurance premiums until you recover or your policy finishes. The payment of your premiums begins after a waiting period of usually 3 or 6 months, this is called the deferred period.

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Life Saver is a trading name of Clarity Financial Advice Ltd. Registered in England no. 5615986. Registered Office: 5 Riverside Studios, Mill Lane, Dronfield, Derbyshire S18 2XL. Clarity Financial Advice Ltd is an appointed representative of Mint Financial Services Ltd which is authorised and regulated by the Financial Services Authority. Mint Financial Services Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 217742.

The life insurance advice and/or guidance contained within this web site is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK. Information on this site does not constitute personalised advice. Always consult a professional independent financial adviser before taking any action.

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