Translate INSURANCE–EZE INTO BUSINESS–EASE
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Nearly all life insurance companies will add to their contracts, upon payment of a small additional premium, a clause which provides that in the event the insured is totally and permanently disabled, his insurance policy will be continued in full force even though the necessity of paying further premiums is waived by the company during the disability period.
A provision that states if the insured is totally and permanently disabled, the insurance policy will be continued in full force even if premiums are waived by the company during the disability period.
Provides protection to workers for injuries or death arising by accident out of, and in the course of, employment.
A type of insurance that provides benefits to workers if they become sick or injured on the job.
In certain policies, worldwide coverage is provided, e.g., jewelry, furs, personal effects, and personal property floaters.
Insurance coverage that covers the insured’s property on a worldwide basis.
The definitions contained herein are for informational purposes only,are not intended to be all inclusive, and may not apply in all situations. You should not rely on these definitions for interpretation of policy coverages, terms and conditions.