Disability income policy definition

Disability income policy means, for the purposes of this regulation, a policy that provides periodic payments to replace income lost when the insured is unable to work as the result of a sickness or injury.

Disability income policy means, for the purposes of this regulation, a policy that provides periodic payments to replace income lost when the insured is unable to work as the result of a sickness or injury. Disability income policies cannot include annual doctor visits or outpatient coverage. If additional benefits are provided, they must be fully disclosed and properly labeled. Group disability income policies must comply with § 10-16-214(3)(c), C.R.S. Additional requirements are also addressed under Section 7 of this regulation.

Disability income policy means a policy that provides periodic payments to replace income lost when the insured is unable to work as the result of a sickness or injury.

Examples of Disability income policy in a sentence

• A Disability income policy shall provide a benefit for at least Total Disability.

• This includes processing payments, holding regular contract meetings and performance reviews, and health and safety site inspections at the various contractor facilities to ensure that recycling performance is maximised.

• REQUIRED TOTAL DISABILITY BENEFIT (1) A Disability income policy or certificate shall provide a benefit for at least Total Disability.

• REQUIRED TOTAL DISABILITY BENEFITYES N/A (1) A Disability income policy or certificate shall provide a benefit for at least Total Disability.

• Disability income policy reserves are generally calculated using the two year preliminary term, net level premium and fixed net premium methods, and actuarially accepted morbidity tables using the 1964 Commissioners’ Disability Table and the 1985 Commissioners’ Individual Disability Table A with assumed interest rates in accordance with applicable statutes and regulations.

• At the insurance company’s option, a Disability income policy or certificate may or may not provide coverage forDisabilities in addition to a required benefit for Total Disability.

• At the insurance company’s option, a Disability income policy or certificate may or may not provide coverage for Disabilities in addition to arequired benefit for Total Disability.

More Definitions of Disability income policy

Disability income policy means a policy of insurance under which an amount is payable as a replacement of income in the event of the disablement of the insured by accident or sickness.

Disability income policy means, for the purposes of this regulation, a policy that provides periodic payments to replace income lost when the insured is unable to work as the result of a sickness or injury. Disability income policies cannot include annual doctor visits or outpatient coverage. If additional benefits are provided they must be fully disclosed and properly labeled. Short-term disability coverages must be filed separately from long-term disability income coverages. Group Disability Income policies must comply with §10-16-214(3)(C), C.R.S. Additional requirements are also addressed under Section 7 of this regulation.

Disability income policy means a group or individual insurance policy that provides for payments to the insured to replace income lost from accident or sickness.

Disability income policy means the disability insurance policies covering and owned by any Participant under this Plan.

Disability income policy means a group or individual insurance policy that provides for payments to the insured to replace income lost from accident or sickness]Terms used in this rule are defined in Section 31A-1-301.