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  • Life Insurance question

    Is waiver of premium worth it? My understanding is this is a rider that says the insurance company will pay the premium if you become disabled. It's adding an extra ~$50/month to our policies.

  • #2
    I would typically say NO.  If you want to spend the $50 per month on a 'disability plan' then buy a disability plan for $50 a month, probably will get $1k-$2k in benefit then you can pay that life premium out of that and have a ton of money left over to spend as you like/need.
    Scott Nelson-Archer, CLU, ChFC
    303-953-0263 Direct / [email protected]

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