Long-term Disability Income Insurance

Definition of "Long-term disability income insurance"

Vicky Westrick real estate agent

Written by

Vicky Westrickelite badge icon

Weichert Realtors

Coverage that provides monthly income payments for as long as an insured remains disabled. The insurance policy defines the nature of the disability it covers. Most policies discontinue income payments beyond age 65.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Organization located in Washington, D.C., whose membership consists of automobile insurers. ...

Insurance coverages for businesses, commercial institutions, and professional organizations, as contrasted with personal insurance. ...

Organization of home office underwriters of life insurance companies. HOLUA offers educational material and national examinations for home office life underwriters, the individuals who ...

Assets, such as furniture and fixtures, that are not permitted by state law to be included in an insurance company's ANNUAL STATEMENT. ...

Cooperative organization among insurers that rates and prepares new policy forms according to guidelines and regulations of the state insurance department. Loss experience, collected ...

Authorization to borrow from the U.S. Treasury by the issuance of notes to the Treasury. The Secretary of the Treasury must approve the notes and their interest rates. The PBGC must be self ...

Organization of over 300 property and casualty insurance companies whose mission is to investigate fraudulent claims and bring to justice those making such claims. ...

Form showing notification that an insurance policy has been renewed with the same provisions, clauses, and benefits of the previous policy. ...

Act that regulates the variable dollar insurance products (equity related) sold by insurance companies. The act includes regulations that stipulate: the variable dollar insurance products ...

Popular Insurance Questions