The Waiver of Monthly Deductions rider pays all monthly deductions while the insured person is disabled, after a six-month waiting period. It doesn’t pay the full premium, just the monthly deductions, and it won’t add to cash value.
The length of time this rider will pay monthly deductions will vary based on the age at which the insured becomes disabled.
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For more information or to make a case, contact your Nationwide wholesaler at 1-800-321-6064.
