PS-452 Application for Waiver of Premium - cs ny 2026

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  1. Click ‘Get Form’ to open the PS-452 Application for Waiver of Premium in the editor.
  2. Begin by completing Part A. Fill in your name, health insurance ID number, date of birth, home address, and telephone number. Ensure all information is accurate.
  3. Next, proceed to Part B, which must be completed by your employing agency. This includes details such as the effective date of leave without pay status and health insurance coverage type.
  4. Leave Part C blank; this section will be filled out by United Health Care later.
  5. In Part D, your attending physician will need to provide their information and answer specific questions regarding your disability. Make sure they complete this section after Parts A and B are finalized.
  6. Once all parts are completed, save your document and send it to United HealthCare at the provided address.

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A waiver of premium rider is an insurance policy clause that waives premium payments if the policyholder becomes critically ill, seriously injured, or physically impaired. Other stipulations may apply, such as meeting specific health and age requirements.
Policyholders may qualify for the waiver of premium rider if they become unable to work or cannot work in a traditional capacity any longer due to: Severe injury. Physical Impairment or. Critical illness.
Cost. The average waiver of premium can typically add $10 to $50 per month to a policys cost. That amount can vary based on your age, health, and coverage amount.
Whether a Waiver of Premium Rider is worth it depends on your circumstances, financial goals, and risk tolerance. It can be a valuable addition for some individuals, but the extra cost may not be justified for others.
What is life waiver of premium benefit? If an member is unable to continue to work due to illness of injury, and satisfies the definition of disability while insured, Canada Life will waive the life insurance premiums for themselves and their dependants throughout the benefit period.

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