Final answer:
The Waiver of Premium rider in a Juvenile Life policy ensures that premiums are waived if the policyholder becomes disabled. This provision is part of larger efforts to provide support and benefits through insurance policies to individuals facing unexpected hardships or health issues.
Step-by-step explanation:
The provision that guarantees that premiums will be waived if a Juvenile Life policy owner becomes disabled is typically known as a Waiver of Premium rider. This rider ensures that if the policyholder becomes disabled, they will not be required to continue paying the premiums to keep the life insurance policy in force. When considering the broader context of health insurance, under the Affordable Care Act, the law aims to provide health insurance to millions of uninsured Americans, prohibiting insurance companies from rejecting people for preexisting conditions and removing annual and lifetime limits on payments by insurance companies.