Disability income insurance policy definition

Disability income insurance policy means a contract under which an entity promises to pay an insured a sum of money in the event that an illness or injury resulting in a disability prevents the insured from working.
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Disability income insurance policy or 'policy' means a policy of accident and health insurance that provides payments when the insured is unable to work because of illness, disease, or injury.
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Disability income insurance policy or 'policy' means a policy of
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Examples of Disability income insurance policy in a sentence

  • The University will pay the entire cost of a Short Term Disability income insurance policy or an equivalent short term income indemnity plan which provides a benefit equal to the Faculty member’s base salary for a maximum of 182 calendar days commencing after the start of a non-work related illness or injury while under the immediate care of a physician.

Related to Disability income insurance policy

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Blanket insurance policy means a group policy covering a defined class of

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Reimbursement insurance policy means a policy of insurance

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Insurance Consultant or "consultant" means a person who:

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)