The waiver of premium does NOT include which provision?

The waiver of premium provision is designed to protect policyholders by allowing them to suspend premium payments if they become disabled and unable to work. This provision ensures that life insurance coverage remains in force during the period of disability without the additional financial burden of premium payments.

The correct choice highlights that if the insured recovers from the disability, it does not automatically mean that all future premiums are waived. Typically, the waiver of premium applies only during the duration of the disability. Once the insured recovers, they are expected to resume premium payments to maintain their policy. This means that while the waiver is a valuable feature, it is contingent upon the continuing disability status rather than an indefinite suspension of future premiums following recovery.

The other options pertain to common aspects of waiver of premium terms. Waiver for total disability is a standard provision, which confirms that if a policyholder is totally disabled, they won't owe premiums. Similarly, waivers until the insured reaches a certain age can be part of the terms, protecting against premium payments for specified conditions over time. Lastly, the provision for the waiver with proof of loss is essential as it establishes the necessary documentation required to initiate the waiver. Each of these options aligns with the typical framework of waiver provisions, while the first option