Definition of "Current income"

Becky  Smith real estate agent
Becky Smith, Real Estate Agent Engel & Volkers

Average earned monthly income of the insured wage earner after regular earned income has been interrupted or terminated because of illness, sickness, or accident. This income amount is important to the calculation of the monthly indemnity benefit and the loss of income amount under the disability income insurance policy.


Need help from a real estate agent?

Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a realtor and want to become a member?

Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.


*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions