Waiver of Premium Explained

Waiver of premium provides a means of insuring your life insurance monthly premiums get paif should you fall ill.

In the event that you are unable to work through ill health, payments are made until the end of the policy term, a specified age or until you are able to return to work. The payments are made after a set deferment period normally 26 weeks.

Waiver of premium is usually purchased as an optional extra with your life insurance policy. This type of policy does not normally cover unemployment/redundancy.

As with all insurance products, the terms and conditions of policies do vary check the quotes Key Facts documents for each quotation produced.

Go Direct's Instant Discounted Quotes

Our Instant Life Insurance quotes do not include waiver of premiums as standard. If you would like a quick life insurance quote with WOP please contact us and we will prepare a personal quote for you.