Waiver of Premium Riders
Providing financial protection to your family is a must. After all, you have promised to provide the best for your family, no matter what. But, how can you ensure that what you have in place is permanent in the event you are unable to provide any longer?
Allianz Life Waiver of Premium Riders can help you secure your plans for your family. You can opt for any of the following waiver of premium riders:
- Dread Disease Waiver of Premium (DWP): The rider will waive all future premiums, if the insured of the policy is diagnosed with one of the covered illnesses.
- Payor Waiver of Premium (PWP): The rider will waive all future premiums, should the payor of the policy dies before the end of the policy term, becomes totally and permanently disabled (TPD) and is diagnosed with one of the covered illnesses.
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