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Byron Adele, founder and CEO of A Q Quote, explains the waiver of premium feature in life insurance, which helps prevent policies from lapsing when policyholders become disabled and lose their income. This feature was developed to support those who can no longer work, ensuring that essential needs like food and shelter take priority. If a policyholder becomes totally disabled, typically before age 60, the life insurance company will cover their premiums starting from the seventh month of disability and will continue to do so as long as they remain disabled. Terms and conditions may vary by insurer, but this is the general operation of the waiver of premium feature.