Investor Glossary-disability insuranceInvestor Glossary-disability insuranceInvestor Glossary-disability insuranceInvestor Glossary-disability insuranceInsightful stock market charts - Click here
investor
Categories    # 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

Disability Insurance

The HTML to link to this page
 

Disability insurance is an insurance policy that pays supplemental income benefits in the event that the insured person (policyholder) becomes incapable of working his or her job. The incapacity that necessitates disability insurance may be illness, accident, or another trigger; the policy spells out what constitutes a trigger. Benefits from a disability insurance policy will vary according to the coverage selected, as will the definition of disability; policyholders usually aim to receive enough benefits from their disability insurance to let them continue their standard of living and meet their usual expenses. Although Social Security provides a form of disability insurance, it is much more difficult to meet its requirements for disability than it is with a private disability insurance policy.



Rate this disability insurance definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: Key Rate Duration, margin rate, stock split, irrevocable trust, required rate of return, 1031 exchange, debt service coverage, ex-dividend, ex-dividend date, covered put, 401a, average price per share, Zero Cost Collar, deferred tax, liquidity ratio, phantom income, reverse mortgage, current ratio, 1035 exchange, inflation, class C shares, balance sheet, per diem, diluted share, wholly-owned subsidiary, annual return, VIX, option premium, limit order, EBITDA, deferred revenue, stock market close, APR, in escrow, FICO score, command economy, implied volatility, open position, risk management, dividends payable, real GDP, 144a, FTSE, minority interest, LIBOR, cancelled check, labor relations, retained earnings, quality assurance


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use