Meaning Of The Word Disability clause

Real Dictionary
  1. Real Dictionary
  2. D Words Definitions
  3. Section D-218
  4. Disability clause

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Disability clause Meaning

Disability clause Definition
Disability clause Definition

What's The Definition Of Disability clause?

disability clause in British English
a clause in an insurance contract entitling a policyholder who becomes permanently disabled to cease premium payments without loss of life insurance, and sometimes to receive a specified indemnity
noun: (in life assurance policies) a clause enabling a policyholder to cease payment of premiums without loss of coverage and often to receive a pension or indemnity if he or she becomes permanently disabled
noun: a clause in a life-insurance policy providing for waiver of premium and sometimes payment of monthly income if the policyholder becomes totally and permanently disabled
noun: A disability clause is a clause in life insurance policies enabling you to stop paying premiums without loss of coverage and often to receive a pension if you become permanently disabled.

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