INSURANCECOMPACT
IIPRC-L-08-LB-I-WPBChild STANDARDS FOR WAIVER OF PREMIUM BENEFITS FOR CHILD INSURANCE IN THE EVENT OF PAYOR'S TOTAL DISABILITY OR DEATH 1. 2. Date Adopted: February 28, 2007 Purpose and Scope: The Standards for Waiver of Premium Benefits for Child Insurance in the Event of Payor's Total Disability or Death provide for premiums due for an insured child under an individual life insurance policy to be waived in the event of the payor's total disability or death under the terms of the policy. These standards Morepolicy in the event of the payor's total disability or death under the terms of the form. As used in these standards, “waiver benefit” means waiver of premiums due ... Less
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