What type of rider allows a policy to continue if the policyholder becomes totally disabled?

The waiver of premium rider is a provision in a health insurance policy that allows premiums to be waived if the policyholder becomes totally disabled. This means that if the policyholder suffers a disability that prevents them from working and meeting their obligations, the insurance company will not require them to pay premiums during this period. This ensures that the policy remains in force and provides continued coverage even if the policyholder is unable to earn an income.

This rider is particularly important because it protects the policyholder from losing their insurance coverage due to inability to pay premiums caused by a disability. By removing the financial burden of premium payments during times of severe disability, the policyholder can focus on recovery without the added stress of maintaining their insurance policy.

In contrast, other riders mentioned do not serve this specific purpose. The accidental death rider provides additional benefits if the insured dies as a result of an accident, while the guaranteed insurability rider allows for future purchases of insurance without medical underwriting. The long-term care rider typically provides benefits that assist with the costs of long-term care services and does not address the continuation of the policy due to total disability.