Definition of "Limitations on amount of monthly benefits"
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.
Have a question or comment? We're here to help.