An optional policy benefit that waives the payment of all premiums that come due during the total disability of the insured.

Permanent insurance which provides, at minimum, a level death benefit upon the insured's death, or a cash endowment upon policy maturity that is equal to the death benefit.

A legally binding document that provides instructions for the disposition of an individual's property at death. Can be amended or revoked up to the time of death, or until a loss of mental capacity. Enforced through probate court and does not avoid probate.

The amount deducted from the accumulation or account value to produce the surrender value. Generally, only applies to back load products.

The portion of the Insurance Service Account Plus account balance that is available for withdrawal by the payor.