Another common rider is a premium waiver, which waives future premiums if the insured becomes disabled.

The penalty will increase future premiums by 7 percent or more, for an expected surcharge of $2.50 a month next year.

For careful drivers it can help reduce future premiums.

The policy also provided that after she had been disabled for 90 days, future premiums would be waived while she remained disabled.

They note that approximately half of the first year premium and an ongoing percentage of future premiums are paid as commissions to the insurance agent.

Workers' compensation claims are paid by the company's insurer, and a company's track record is used to calculate its future premiums.

That investment grows tax free, paying for future premiums on the policy.

As part of the purchase transaction the investor assumes responsibility for paying all future premiums required to keep the policy inforce.

Both contractual liabilities, and future premiums in this calculation allow only for mortality and interest.

Reserves are calculated differently to contracts of a longer duration with multiple premium payments since there are no future premiums to consider in this case.