Limitations On Amount Of Monthly Benefits


Definition of "Limitations on amount of monthly benefits"

Susan Lambrecht real estate agent
Susan Lambrecht, Real Estate Agent Lambrecht Realty

Clause in some disability income insurance policies under which there is a maximum an insured can receive from all sources of disability income benefits. For example, the clause may stipulate that all sources of disability income cannot exceed 50% of the insured's gross earnings prior to the disability.

 

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