Waiver of Premium (WP) riders on life insurance are routinely filed without having to justify the rates. Definitions of life insurance in state laws include disability benefits. If a carrier offers DI benefits beyond the WP, are the rates exempt from regulatory review?
(I know that no regulator ever questioned my WP rates. I worked as appointed actuary for a DI carrier, and always wondered about this, but nobody seemed interested in broaching the notion of life DI rider rates exemption.)