disability insurance
Income protection plan
Disability insurance is coverage that replaces a portion of income if illness or injury prevents you from working.
Policies vary widely in what qualifies as disability—some pay only if you can't perform any job, others if you can't do your specific occupation.
His disability insurance covered sixty percent of his salary after the accident.
Adopted principle of action
- premiumsPayments for insurance coverage
- underwritingRisk evaluation and acceptance
- claimsStatements of truth
- deductiblesPre-coverage personal payments
exclusions · riders · eligibility · enrollment · renewability · copayments · beneficiary · policyholder
Money distributed to recipient
- compensationPayment for services rendered
- allowanceFixed periodic payment
- monthly benefitRegular scheduled payment
- claimStatement of ownership or truth
reimbursement · annuity · settlement · indemnity · cost-of-living adjustment · lump sum · maximum benefit
Guarding against harm
- safety netProtection against failure
- financial securityReliable access to funds
- risk managementIdentifying and minimizing threats
- contingencyUncertain possible event
peace of mind · family protection · future planning · stability · safeguard · preparedness
Identification of illness
- treatmentCare for an ailment
- physicianLicensed medical doctor
- hospitalizationFormal entry into medical care
- rehabilitationRecovery from injury/addiction
healthcare · illness · injury · mental health · chronic condition · recovery · impairment · occupational therapy
Fixed periodic employment payment
- wagesPayment for work
- earningsMoney gained from work
- livelihoodMeans of earning income
- paycheckCompensation for labor
lost wages · income replacement · income stream · financial support · breadwinner · work capacity
policy
Adopted principle of action
- premiumsPayments for insurance coverage
- underwritingRisk evaluation and acceptance
- claimsStatements of truth
deductibles · exclusions · riders · eligibility · enrollment · renewability · copayments · beneficiary · policyholder · underwriter
payout
Money distributed to recipient
- compensationPayment for services rendered
- allowanceFixed periodic payment
- monthly benefitRegular scheduled payment
claim · reimbursement · annuity · settlement · indemnity · cost-of-living adjustment · lump sum · maximum benefit
protection
Guarding against harm
- safety netProtection against failure
- financial securityReliable access to funds
- risk managementIdentifying and minimizing threats
contingency · peace of mind · family protection · future planning · stability · safeguard · preparedness
diagnosis
Identification of illness
- treatmentCare for an ailment
- physicianLicensed medical doctor
- hospitalizationFormal entry into medical care
rehabilitation · healthcare · illness · injury · mental health · chronic condition · recovery · impairment · occupational therapy · medical records
salary
Fixed periodic employment payment
- wagesPayment for work
- earningsMoney gained from work
- livelihoodMeans of earning income
paycheck · lost wages · income replacement · income stream · financial support · breadwinner · work capacity
- benefitsadvantage, healthcare coverage, benefit, health screening, 401k
- job benefitsbenefits, 401k, medical coverage, medical benefits, retirement plan
- job perkssalary, perks, pension plans, 401k, benefits
- perksbonus, paid leave, vacation days, sick leave, dental plan
- safety & insuranceliability, coverage, policy, premium, deductible
- work benefits401k, paid time off, PTO, retirement plan, sick leave
disability insurancehealth insurance
Protection against medical costs
life insurance · term life insurance · whole life insurance · medical insurance · health coverage
disability insuranceuninsured
Lacking protective coverage
self-insurance · financial exposure · living paycheck to paycheck · self-insured
disability insuranceearned income
Pay from work
insurance, disabled, disable, insured, disability, disabling, insurer, disabilities, insuring