Noncancellation and waiver of premium clauses A friend of yours has a great job that pays well. He plans to work all his life. His only source of income is his paycheck. He take the extras in life. Now that you know that becoming disabled can bring financial ruin, you'll strongly recommend that your friend purchas income insurance. It is most important that your friend's policy includes a clause. and he became disabled, he'd lose a lot than he would if he collected benefits and had to continue to pay premiums. The cost of premiums for men and women The cost of premiums for disability income insurance with the same terms is for a woman than a man. A woman will pay approximately the same premium as a man her age for coverage with restrictions than the man's. The reason is that