Involuntary Unemployment definition

Involuntary Unemployment means job-loss or layoff which is not attributed to your action, misconduct, option, or desire and was not anticipated on or prior to the Effective Date of Insurance.

Involuntary Unemployment means the life insured:

Involuntary Unemployment means that the insured has not terminated their employment without an ac- ceptable reason or been suspended from work ow- ing to inappropriate conduct.

Examples of Involuntary Unemployment in a sentence

• Insured Monthly Payments will stop when: a) you are no longer experiencing Involuntary Unemployment; b) the Maximum Number of Insured Monthly Payments have been made; or c) upon Termination of Insurance as described on page 4, whichever occurs first.

• The amount paid for periods of Involuntary Unemployment which are less than one month will be calculated at a daily rate of 1/30th of the Insured Monthly Payment.

• After the Waiting Period, successive periods of Involuntary Unemployment separated by less than one month of continuous employment are considered a continuation of a period of Involuntary Unemployment and not subject to a new Waiting Period.

• ELIGIBILITY QUESTIONS: If electing Disability or Involuntary Unemployment, You must answer Question 1.

• Involuntary Unemployment means that You involuntarily lost Your Active Employment.

More Definitions of Involuntary Unemployment

Involuntary Unemployment means that the life insured becomes unemployed due to retrenchment, redundancy or employer insolvency. It does not mean retirement, unpaid leave, the end of a fixed term contract or dismissal from employment.

Involuntary Unemployment means a certificate holder’s loss of full time employment, and the certificate holder newly qualified for, continues to qualify for, and actively receives federal or state unemployment benefits under applicable federal or state rules.

Involuntary Unemployment means that the life insured becomes unemployed due to retrenchment, redundancy, or employer insolvency. It also includes furlough, but only where the life insured is not receiving income. Involuntary unemployment doesn’t mean retirement, unpaid leave, the end of a fixed-term contract, or dismissal from employment.

Involuntary Unemployment means that your or a Higher Wage Earner’s employment ended due to:

Involuntary Unemployment means your loss of full time employment, and are newly qualified for, continues to qualify for, and actively receives federal or state unemployment benefits under applicable federal or state rules.

Involuntary Unemployment or “Involuntarily Unemployed” means involuntary termination of the Insured Person’s Gainful Employment, other than an excluded basis for termination of employment described in the “Exclusions and Limitations for Involuntary Unemployment Benefits” section below.

Involuntary Unemployment or “Involuntarily Unemployed” means involuntary termination of the Insured Person’s full-time (at least 30 hours per week) permanent employment, other than an excluded basis for termination of employment described in the “Exclusions for Involuntary Unemployment Benefits” section below.