What is the name of the rider that eliminates future premium payments if total disability continues beyond a specified period?

The rider that eliminates future premium payments if total disability continues beyond a specified period is known as the Waiver of Premium rider. This rider is designed to protect policyholders from the financial burden of continuing to pay premiums during a time of disability when they may be unable to work and generate income.

If the insured becomes totally disabled and meets the conditions outlined in the rider, they can have their premium payments waived, allowing them to maintain their insurance coverage without the continuous financial obligation during a challenging time. This rider is particularly beneficial as it ensures that individuals can keep their life insurance policy in force, providing ongoing protection for their beneficiaries, despite their inability to generate income due to their circumstance.

In contrast, other riders mentioned (like an Accidental Death Benefit or Disability Income Benefit) serve different purposes, such as providing additional benefits in the case of accidental death or supplementing income during a disability, rather than directly waiving premium payments. The Extended Coverage rider typically relates to extending the benefits of a policy rather than managing premiums in the event of disability.