Income continuation benefits definition

Income continuation benefits means payments for the insured's loss of income from work, because of bodily injury sustained by the insured in an automobile accident, less income earned during the benefit payment period. The combined weekly payment an insured may receive under personal injury protection coverage, worker's compensation, disability insurance, or other income continuation benefits may not exceed eighty-five percent of the insured's weekly income from work. The benefit payment period begins fourteen days after the date of the automobile accident and ends at the earliest of the following:
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Income continuation benefits means payments of at least
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Income continuation benefits means payments of at least eighty-five percent of the insured's loss of income from work, less credit for earned income received, because of bodily injury sustained by him or her in the accident, less income earned during the benefit payment period. The benefit payment period begins fourteen days after the date of the accident and ends at the earliest of the following:
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Examples of Income continuation benefits in a sentence

  • This legislative base created conditions before commercial character of a society defined format or its facilities.

  • Income continuation benefits will be paid in 16 80-hour increments.

  • Income continuation benefits are payable only in reimbursement of a loss of in- come suffered by an insured person who is an income producer.

  • Income continuation benefits covering income losses incurred within one year after the date of the insured's injury in an amount up to ten thousand dollars, subject to a limit of the lesser of two hundred dollars per week or eighty-five percent of the weekly income.

  • Life Cover, Severe Illness, Disability and Income continuation benefits are offered.

  • Income continuation benefits covering income losses incurred within one year after the date of the insured's injury in an amount of ten thousand dollars, subject to a limit of the lesser of two hundred dollars per week or eighty-five percent of the weekly income.

  • The plan includes: • Life cover benefits;• Disability benefits;• Severe Illness benefits; and• Income continuation benefits.

  • Income continuation benefits stop upon retirement, cessation of employment with H-E-B, when you are released to regular duty, when you find another position or when you exhaust the ICBs for which you are eligible.

  • Income continuation benefits will be paid in 40-hour 35 increments.


More Definitions of Income continuation benefits

Income continuation benefits means payment of an insured person’s loss of income from work, subject to the following:
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Income continuation benefits means payments for the covered person's loss of income from work, because of bodily injury sustained by the insured in an automobile accident, less income earned during the benefit payment period. The benefit payment period begins fourteen days after the date of the automobile accident and ends at the earliest of the following:
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Income continuation benefits means payment for an insured’s loss of income from work, during a period of disability due to bodily injury sustained in an auto accident less income earned during the benefit payment period. This benefit payment period begins 14 days after the date of the auto accident and ends at the earliest of the following:
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Income continuation benefits means the amount not exceeding a limit of $100 per week and a total limit of $5,200 payable for the loss of “income” of an “income producer” during his lifetime, as a result of “bodily injury” disability; not to exceed net income normally earned during the period in which benefits are pay- able.
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Related to Income continuation benefits

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Termination Benefit means the benefit set forth in Article 7.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • Change in Control Benefits means the following benefits:

  • superannuation benefit means any payment, other than a refund of contributions, made to a dentist by virtue of the application of the (a) National Health Service Pension Scheme Regulations 1995; or (b) the National Health Service Superannuation Scheme (Scotland) Regulations 1995 or (c) the corresponding provisions of the law in force in Northern Ireland; as a result of his providing general dental services;

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Compensation Accrued at Termination means the following:

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Other Income Benefits means any benefits listed in the Other Income Benefits provision that you receive on your own behalf or for your dependents, or which your dependents receive because of your entitlement to Other Income Benefits.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Employment benefits means all benefits provided or made

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Severance Amount means:

  • Additional Benefits means those benefits in addition to the rights and remedies available under the Australian Consumer Law.