Meaning Of The Word Disability clause
What's the definition of Disability clause? Find Disability clause meanings, definitions and more at the Real Dictionary online.
Disability clause Meaning
| Disability clause Definition |
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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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