Long-Term Disability Insurance
/ˌlɔːŋ tɜːrm dɪsˈæbɪləti ɪnˈʃʊərəns/
Definitions
- (n.) An insurance policy that provides income replacement benefits to insured persons who become unable to work due to a disabling injury or illness lasting for an extended period, typically beyond short-term disability coverage.
She filed a claim under her long-term disability insurance after being unable to return to work for six months.
Forms
- long-term disability insurance
Related terms
See also
Commentary
Long-term disability insurance differs from short-term coverage by providing benefits after an initial waiting period, often involving detailed medical and eligibility criteria in policy drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.