Learning Center > Glossary-Terms > Waiver of Premium

Waiver of Premium

Occasionally, in the case of permanent or total disability, a health insurance plan may allow a covered person to keep coverage in force without payment which is a waiver of premium.

Note: These definitions are provided only to give you a general understanding of how these words are sometimes used by health insurance companies. Please refer to your coverage documents for a complete list of defined terms that apply to your specific coverage.
GRGLOSS-165R1