Disability income insurance

 

Home
Site Map
Add Term
Search
About Us
Contributors

Disability income insurance

An insurance policy that insures a worker in the event of an occupational mishap resulting in disability. Insurance benefits compensate the injured worker for lost pay.

Disability income insurance

Insurance which provides an income to policyholders when they are unable to work due to an illness or injury.Disability payments to insured people, which normally commence after a set period (the elimination period), are usually tax free provided the premium payments are up to date.



Similar Matches

Social security disability income insurance

Social security disability income insurance

Insurance which provides income to disabled people incapacitated for one year or more. Benefits are payable up to the person's death.


Social Security Disability Income Insurance

Social Security Disability Income Insurance

Program financed by the Social Security tax to provide assistance to disabled individuals with disabilities expected to last at least one year, to compensate for lost income.


Disability insurance

Disability insurance

An insurance policy which covers an individual's ability to produce income.




 
All rights Reserved. Do not copy without permission.