disability insurance
Definition
Insurance policy that pays disability benefit as a partial replacement of income lost due to illness or injury. Most disability insurance policies pay a fixed sum for a fixed period, while others pay a monthly sum for the entire period the insured is disabled from earning suitable income (as determined by his or her qualifications, experience, and training).
disability insurance is in the General, Marine, & Life Insurance and HR, Teams, & Training subjects.
disability insurance appears in the definitions of the following terms: key person insurance and disability benefit
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