When Ralph is injured and requests that the disability waiver of premium rider be activated, how are premiums handled during the waiting period?

When the disability waiver of premium rider is activated, it outlines specific provisions regarding how premiums are managed during the waiting period. If Ralph is disabled and the waiver is in effect, he is typically required to pay premiums during the waiting period. However, the waiver stipulates that should he remain disabled after this waiting period, those premiums he paid will be refunded. This provision serves both to ensure the insured maintains their policy during the initial waiting period, while also providing financial relief retroactively if the disability continues beyond that time frame.

This aspect of the rider is crucial; it gives financial assurance to the policyholder that they won't be left paying premiums without coverage if the disability meets the terms set forth in the waiver. Therefore, the correct answer reflects this process and the expectation that Ralph will initially bear the cost, with the promise of reimbursement contingent on the continuation of his disability.