Income Protection definition

Income Protection means loss of “income” sustained due to partial or total “interruption of business” resulting directly from “loss” or damage to property on the premises described in the “Declarations” from a peril insured against. Ex. A, Section I, Income Protection
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Income Protection means insurance, with a deferred period of seventy eight weeks, to protect against loss of income due to long term ill health;
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Income Protection means insurance, with a deferred period of fifty two weeks, to protect against loss of income due to long term ill health;
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Examples of Income Protection in a sentence

  • The Home will provide the employee with Disability Income Protection as per Article 14.01 (c) for weeks eighteen (18) through thirty (30) for any absence due to a legitimate illness.

  • It is agreed the Income Protection Insurance payments are paid on a monthly basis by the 14th day of each month.

  • The Home will provide the employee with Disability Income Protection as per Article 14.01 (c) for weeks seventeen (17) through thirty (30) for any absence due to a legitimate illness.

  • The Employer shall provide Income Protection Insurance through an ETU nominated policy and scheme.

  • IPT Agency Co Ltd administers the insurance schemes covering income protection, trauma and journey accidents (Income Protection, Trauma and Journey Accidents Insurance Schemes).

  • In such cases, if the employee is subsequently approved for benefits under the Long Term Income Protection Plan, the employee will be reimbursed for any premiums paid directly by the employee.

  • The benefits commence six (6) months from the date that disability began, which shall include the period of payment under the terms of the Short Term Income Protection Plan.

  • The Company’s liability will be met by the making of the contributions on behalf of each employee required as a Participating Employer in the Incolink Leisure Time Insurance and Income Protection Scheme.

  • From 1 March 2024 a payment of $5.00 per week per employee, excluding apprentices, shall be paid to supply funding for industry officers as described in clause 4.4.4. The current Incolink Income Protection contribution from 1 October 2023 is $31.50.

  • The Company shall provide Income Protection Insurance through an ETU nominated policy and scheme.


More Definitions of Income Protection

Income Protection means protection for Xx. Xxxxxx in the event of unemployment. If Xx. Xxxxxx becomes employed at any time during the 12 month period for a salary equal or greater to his Exide salary at the time of his departure, Exide's income protection payments will cease. If Xx. Xxxxxx becomes employed at any time during the 12 month period, but for a salary of less than his Exide salary at the time of departure, Exide will make up the salary difference for the remainder of the 12 month period. Unless specifically addressed above, in the event of Xx. Xxxxxx'x resignation, the Audit Committee may, at its discretion, grant him any one or all of the items 1-5 listed above. Exide Corporation and Xx. Xxxxx Xxxxxx agree to the terms set forth in this Outline.
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Related to Income Protection

  • Fire Protection means all aspects of fire safety including but not limited to fire prevention, firefighting or Fire Suppression, pre-fire planning, fire investigation, public education and information, training or other staff development;

  • Source Protection Plan means a drinking water source protection plan prepared under the Clean Water Act, 2006;

  • MFN Protection has the meaning set forth in Section 2.14(e)(iii).

  • Plant Protection Gas means the minimum volumes required to prevent physical harm to the plant facilities or danger to plant personnel when such protection cannot be afforded through the use of an alternate fuel. This includes the protection of such material in process as would otherwise be destroyed, but shall not include deliveries required to maintain plant production. A determination will be made by the Seller of minimum volumes required. Such essential volumes will be dispatched accordingly.

  • Cathodic protection means a technique designed to prevent the corrosion of a metal surface by making that surface the cathode of an electrochemical cell. For example, protection can be accomplished with an impressed current system or a galvanic anode system.

  • Rate Protection means the payment of premiums for a defined period of time not exceeding 12 months, in advance of a rate increase that will not require any further payments to cover any difference between the advance payment and the new premium rate.

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Community protection zone means the area within eight

  • fall protection plan means a documented plan, which includes and provides for -

  • Housing means residential housing including dwellings and other forms of residential accommodation;

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • Department of Health and Human Services means the Department of Health and Human Services

  • CIC Protection Period means the two-year period beginning on the date of a Change in Control and ending on the day before the second annual anniversary of the date of the Change in Control.

  • Fire protection system means any device or system designed and installed to:

  • Electrical protection barrier means the part providing protection against any direct contact to the high voltage live parts.

  • Housing Act means the United States Housing Act of 1937, as amended, or its successor.

  • Vehicle protection product means a vehicle protection device, system, or service that is:

  • Rate Protection Agreement means, collectively, any interest rate swap, cap, collar or similar agreement entered into by the Borrower pursuant to the terms of this Agreement under which the counterparty to such agreement is (or at the time such Rate Protection Agreement was entered into, was) a Lender or an Affiliate of a Lender.

  • Conservation Plan means a document that outlines how a project site will be managed using best management practices to avoid potential negative environmental impacts.

  • Technology protection measure means a specific technology that blocks or filters Internet access to visual depictions that are:

  • Consumer Protection Act means the Consumer Protection Act, No. 68 of 2008 (as amended from time to time).

  • Elderly Housing means housing intended for and only occupied by Elderly persons, including a family in which all members are Elderly. All household members must be Elderly (no children, and no disabled persons under the age of 62).

  • Cathodic protection tester means a person who can demonstrate an understanding of the principles and measurements of all common types of cathodic protection systems as applied to buried or submerged metal piping and tank systems. At a minimum, such persons must have education and experience in soil resistivity, stray current, structure-to-soil potential, and component electrical isolation measurements of buried metal piping and tank systems.

  • Waste management means the collection, transport, recovery and disposal of waste, including the supervision of such operations and the after-care of disposal sites, and including actions taken as a dealer or broker;

  • Composite mortality tables means mortality tables with rates of mortality that do not distinguish between smokers and nonsmokers.

  • Wellhead protection area means the surface and subsurface area surrounding a water well or well field that supplies a public water system through which contaminants are reasonably likely to migrate toward the water well or well field.