[caption id="attachment_70257" align="aligncenter" width="500"] Photo by Andrea Piacquadio[/caption] As indicated by the Insurance Barometer Study, 42% of U.S. adults believe they have inadequate life insurance coverage. 10% of policyholders feel that they actually need more coverage. Life insurance policies may carry with them a waiver of premium rider. This safety feature can be extremely valuable if one becomes totally disabled. It allows for payment of premiums to cease with the policy remaining in full force.  How exactly does it work? Let us clarify the concept of waiver of premiums and how it works within your life insurance policy in cases of significant disability or loss of income.