Final answer:
If an insured individual with a Waiver of Premium rider becomes quadriplegic due to an accident, the insurance premiums are generally waived if the condition meets the policy's definition of total disability.
Step-by-step explanation:
When an insured individual suffers a quadriplegic injury due to an accident, such as damage to the cervical vertebrae and surrounding nerves, a Waiver of Premium rider in an insurance policy would typically mean that the insured is no longer required to pay premiums for their insurance coverage. The exact terms will depend on the policy, but generally, this waiver is activated when the insured becomes totally disabled according to the definitions and conditions set forth in the policy. In the case described, if the policy includes a Waiver of Premium rider and the individual's condition meets the criteria for total disability, the insurance premiums would likely be waived moving forward.