disability insurance

Definition

Insurance policy that pays benefits in the event that the policyholder becomes incapable of working.

Use this term in a sentence

You should offer disability insurance to your workers to give them a little more peace of mind at the workplace.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

I wondered if he had any disability insurance and I was surprised when he told me that he did not have any at all.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

After my brother was in a car accident, his wife told me they were taken care of because he had a strong disability insurance policy and they would receive payments each month.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
residual income residual benefit