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.