§ 90d.5. Termination of coverage.

 The form discloses the conditions under which the coverage terminates.

   (1)  The following conditions are disclosed if the benefit is provided by a rider:

     (i)   Written request from the owner for termination.

     (ii)   Termination of the policy.

     (iii)   Nonpayment of premium.

   (2)  The following termination conditions are disclosed if applicable:

     (i)   Attainment of a stated age not younger than 60.

     (ii)   When a policy nonforfeiture option takes effect. This complies with §  89.42(e) (relating to nonforfeiture value requirements). Alternatively, this termination condition is disclosed in the policy.

   (3)  The following termination condition is not present: receipt of benefits under a waiver of premium disability benefit or another kind of disability benefit.

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