google bot detected Partial Disability Benefit | Insurance Glossary |

Partial Disability Benefit

Definition of "Partial disability benefit"

Beth Danese
  Kurfiss Real Estate Doylestown

An amount usually expressed as 50% of the monthly indemnity for the total disability benefit provided by a disability income insurance policy. This amount becomes payable when the insured wage earner's income has been interrupted or terminated because of illness, sickness, or accident. Payments continue up to the time and amount limitations as stipulated in the policy. This type of benefit has been replaced, in large part, by the residual disability income insurance policy.

Related Real Estate Glossary terms

Related Real Estate FAQ