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ALL meanings of disability clause

dis·a·bil·i·ty clause
D d
  • noun disability clause a clause in a life-insurance policy providing for waiver of premium and sometimes payment of monthly income if the policyholder becomes totally and permanently disabled. 1
  • noun disability clause (in life assurance policies) a clause enabling a policyholder to cease payment of premiums without loss of coverage and often to receive a pension or indemnity if he or she becomes permanently disabled 0
  • noun disability clause a clause in an insurance contract entitling a policyholder who becomes permanently disabled to cease premium payments without loss of life insurance, and sometimes to receive a specified indemnity 0
  • noun disability clause A disability clause is a clause in life insurance policies enabling you to stop paying premiums without loss of coverage and often to receive a pension if you become permanently disabled. 0
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