Disability income definition

Disability income means disability income plans, buy-sell plans, key person plans and business overhead expense plans that are individually underwritten, including such plans that are marketed through employer and association sponsored groups (“multi-life” plans), as applicable.
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Disability income means income replacement as defined in Section 31A-1-301.
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Disability income means disability income as defined in section 22(c)(2)(B)(iii) of the Internal Revenue Code.
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Examples of Disability income in a sentence

  • If Disability income is payable directly to the Employee by an insurance company under the terms of an insurance policy paid for by the Company, the amounts paid to the Employee by such insurance company shall be considered a portion of the payment to be made to the Employee pursuant to this Section 6.2 and shall not be in addition hereto.

  • If Disability income is payable directly to the Employee by an insurance company under the terms of an insurance policy paid for by the Company that is a bona fide disability plan under Treasury Regulation 1.409A-1(a)(5), the amounts paid to the Employee by such insurance company shall be considered a portion of the payment to be made to the Employee pursuant to this Section 6.2 and shall not be in addition hereto.

  • METHODS USED TO CERTIFY A PERSON WITH A DISABILITY To verify that an applicant or program participant is a person with a disability, PHA staff will first check to see whether the applicant is under the age of 62 and receives either Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) Disability income.

  • Disability income benefits are funded by actuarially determined employer contributions that are established in the Appropriations Bill by the General Assembly and coincide with the State fiscal year.

  • If yes, please provide details below: Yes No Policy/ProposalPolicy/ProposalPolicy/ProposalInsurance company Year of issue or application Death coverage amount (S$) Total and permanent disability coverage amount (S$) Critical illnesscoverage amount (S$) Personal accident coverage amount (S$) Disability income coverage amount (S$) OthersPlease specify type and coverage !WARNING:We would not advise you to replace an existing policy with a new one.

  • Methods Used to Certify a Person with a Disability To verify that an applicant or program participant is a person with a disability, PHA staff will first check to see whether the applicant is under the age of 62 and receives either Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) Disability income.

  • The Board will provide Long Term Disability income insurance to cover all regular seniority members after three hundred sixty-four (364) calendar days of illness or disability.

  • Methods Used to Certify a Person with a Disability To verify that an applicant or program participant is a person with a disability, PHA staff will first check to see whether the applicant is under the age of sixty-two (62) and receives either Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) Disability income.

  • Disability income policies providing benefits only for Partial, Residual or Catastrophic Disabilities or any disabilities less than Total Disability shall not be approved by the Interstate Insurance Product Regulation Commission.

  • Disability income certificates providing benefits only for Partial, Residual or Presumptive Disabilities or any disabilities less than Total Disability shall not be approved by the Interstate Insurance Product Regulation Commission.


More Definitions of Disability income

Disability income means a policy designed to compensate
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Disability income means the disability income Benefit pursuant to Section 11 of this Plan, generally payable to Members as a monthly amount.
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Disability income means the long term disability income payable to Eligible Officers under this Plan and payable as a Monthly Benefit.
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Disability income means the maximum amount that we will indemnify you for any single Employee who is participating in your ERISA Plan for disability arising out of a single Occurrence during the policy period subject to the maximum amount specified in the Declarations Page. Only the gross amounts actually paid to the Employee under this benefit will be indemnified under this policy.
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Related to Disability income

  • Disability means total and permanent disability as defined in Section 22(e)(3) of the Code.

  • Disability leave means the period of six months or any

  • Total Disability means a “permanent and total disability” within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions or conditions as the Committee by rule may include.

  • Long-term disability insurance or "LTD insurance" means employ- er-paid long-term disability insurance and employee-paid long-term disability insurance offered by the PEBB program.

  • Disability retirement for plan 1 members, means the period

  • Recurrent Disability means a Disability caused by an Injury or Sickness that is the same as, or related to, the cause of a prior Disability for which Monthly Benefits were payable. A Recurrent Disability will be treated as follows.

  • Disability allowance means monthly payments during

  • Permanent Disability means the Executive’s inability to perform the essential functions of the Executive’s position, with or without reasonable accommodation, for a period of at least 120 consecutive days because of a physical or mental impairment.

  • Partial Disability or "Partially Disabled" means you, as a result of Injury or Sickness, are able to:

  • Disability Termination means the termination of a Participant’s employment under the disability provisions of the Participant’s Employment Agreement or, if the Participant is not a party to an Employment Agreement, then as a result of a “Disability” as defined in the Plan.

  • Disability/Disabled means because of Injury or Sickness you are unable to perform the material duties of your Regular Occupation, or are receiving disability benefits under the Employer's plan, during the initial 9 months of Disability. Thereafter, you must be unable to perform all of the material duties of any occupation which you may reasonably become qualified based on education, training or experience, or are subject to the terms of a Rehabilitation Plan approved by the Insurance Company.

  • Accidental disability means a physical or mental condition that

  • Permanent total disability means incapacity because of accidental injury or occupational disease to earn any wages in any employment for which the employee may become physically suited and reasonably fitted by education, training or experience, including vocational rehabilitation; loss of both hands, or both feet, or both legs, or both eyes, or any two thereof, shall constitute permanent total disability;

  • Pregnancy disability means a pregnancy-related medical condition or miscarriage.

  • Permanent partial disability means a permanent disability

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Permanent and Total Disability means any medically determinable physical or mental impairment rendering an individual unable to engage in any substantial gainful activity, which disability can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months.

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.

  • Long-Term Disability means the Grantee is receiving long-term disability benefits under the Employer’s long-term disability plan.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • mental disability means one or more mental disorders, as defined in the most recent edition of the American Psychiatric Association's "Diagnostic and Statistical Manual of Mental Disorders", or a record of or regarding a person as having one or more such disorders;

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Disability or Disabled means that during the Elimination Period and your Own Occupation Period you are, as a result of Physical Disease, Injury, Mental Disorder, Substance Abuse or Pregnancy, unable to perform one or more of the Material Duties of your Own Occupation, and, due to such inability, your Work Earnings are less than 80% of your Indexed Predisability Earnings, and you are incapable of earning 80% or more of your Indexed Predisability Earnings. Your Work Earnings may be Deductible Income. See the “LTD Benefit Calculation” and “Deductible Income” sections.

  • Child with a disability means a child who, by reason of any of the following, needs special education and related services:

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Short-Term Disability means short-term disability as defined in the Corporation’s short-term disability plan.