Return of Premium on Surrender or Expiry
You may surrender the policy and receive a portion of premiums paid as defined in the policy. If you have not made a claim at policy expiry, you may receive a return of premiums equalling the period from the rider date to the policy expiry date minus any payments made for the Juvenile Critical Illness Insurance Rider if applicable.
Juvenile Critical Illness Insurance Rider
This rider provides critical illness coverage to children up to age 17. Defined covered conditions are:
- Cerebral Palsy
- Congenital Heart Disease
- Cystic Fibrosis
- Muscular Dystrophy
- Type 1 Diabetes Mellitus
The rider is convertible without evidence of insurability to any critical illness product offered by Foresters at that time for conversion. The rider may be converted after the insured child’s 18th birthday, but no later than the insured child’s 25th birthday
Disability Waiver of Premium
If you have been continuously totally disabled for at least six months, we may waive the monthly premiums while you are disabled. While the policy is in force, the rider will remain in effect until the 65th birthday of the insured.