Disability Benefit

Posted on July 20, 2013July 20, 2013

The benefit payable under a Disability Income policy, or a provision of some other policy such as a Life Insurance contract.

This entry was posted in . Bookmark the permalink.

Post navigation

← Deposit Administration (DA)

SETTLEMENT

Usually, a policy benefit or claim payment. It connotes an agreement between both parties to the policy contract as to the amount and method of payment.