disability insurance

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disability insurance

Medical practice An insurance policy that pays a person in the event of temporary or permanent disability. See Insurance.
References in periodicals archive ?
The result during a time of stress is that those with disability income insurance will be able to still receive an income and maintain financial stability.
Sixty-nine percent of workers in the private sector have no long-term disability insurance, and about 100 million are without private disability income insurance.
There are also workers who have no access to employer-supported disability income insurance.
The program] also demonstrates our expertise with employers and producers who are looking to do group disability income insurance or are looking for a carrier to place business through.
However, it is generally not possible to avoid the risks of injury, illness, or disability covered by health insurance, disability income insurance, and long-term care insurance.
Conversely, 67 percent of employers that offer disability income insurance say that providing this insurance aids them in recruiting and retaining productive employees, and 74 percent saw a positive effect on employee attitudes and performance.
The author's purpose for the text, as stated in the preface, is to explain to life insurance field and home office professionals the important concepts, risks, and patterns involved in the area of individual disability income insurance.
Under the agreement, Chiyoda will set up a wholly owned subsidiary in June to sell Unum's long-term disability income insurance plans to corporate clients in Japan.
Disability income insurance is a form of health insurance that provides periodic payments to the insured when he or she is unable to work because of illness or injury.
Buying insurance online, especially products like whole life and disability income insurance, can be difficult because there are so many important variables that need to be explained by a professional before the buyer can make an educated decision.

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