What does disability insurance mean?
Definitions for disability insurance
dis·abil·i·ty in·sur·ance
This dictionary definitions page includes all the possible meanings, example usage and translations of the word disability insurance.
Princeton's WordNet
disability insurancenoun
social insurance for the disabled
Wikipedia
Disability insurance
Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for completion of core work functions. For example, the worker may be unable to maintain composure in the case of psychological disorders or sustain an injury, illness or condition that causes physical impairment or incapacity to work. DI encompasses paid sick leave, short-term disability benefits (STD), and long-term disability benefits (LTD). The same concept is instantiated in some countries as income protection insurance.
ChatGPT
disability insurance
Disability insurance is a type of insurance policy that provides income to a policyholder, who becomes unable to work due to a disability. It can offer financial protection by replacing a portion of the individual's income that is lost during the period of disability. The disability could be due to physical injury, illness, or mental health conditions. It can be provided as a part of a benefits package from an employer or purchased individually from an insurance company.
Wikidata
Disability insurance
Disability Insurance, often called DI or disability income insurance, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work. For example the inability to focus or maintain composure as with psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. It encompasses paid sick leave, short-term disability benefits, and long-term disability benefits. Statistics show that in the US a disabling accident occurs on average once every second. In fact, Nearly 18.5% of Americans are currently living with a Disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of disability insurance in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of disability insurance in Pythagorean Numerology is: 7
Examples of disability insurance in a Sentence
SSA did not ensure new representative payees were selected when current payees died, based on our sample results, we estimated 2,548 deceased payees received approximately $46.8 million in [Old-Age, Survivors, and Disability Insurance] OASDI benefits and [Supplemental Security Income] SSI payments.
If you make $27,000 a year, it's about 65 cents a week, a small amount of your income is put into this fund and will be there when you need. Just like disability insurance works and if you get injured on the job and need to take that money, it's there.
Translations for disability insurance
From our Multilingual Translation Dictionary
- تأمين العجزArabic
- pojištění proti invaliditěCzech
- InvalidenversicherungGerman
- asekuro pri handikapoEsperanto
- los seguros de invalidezSpanish
- l'assurance invaliditéFrench
- árachas míchumaisIrish
- rokkantbiztosításHungarian
- asuransi disabilitasIndonesian
- assicurazione invaliditàItalian
- vitium assecurationisLatin
- arbeidsongeschiktheidsverzekeringDutch
- ubezpieczenie rentowePolish
- seguro de invalidezPortuguese
- asigurare de invaliditateRomanian
- engelli sigortasıTurkish
- bảo hiểm khuyết tậtVietnamese
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"disability insurance." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/disability+insurance>.
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