Qualified Impairment Insurance
Definition of "Qualified impairment insurance"
Waiver of an impairment of an applicant for health insurance by attaching an endorsement to the health insurance policy stating that the policy will pay no benefits in connection with the impairment. This waiver enables an applicant, who otherwise would not qualify, to be insured.
Popular Insurance Terms
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Account that is similar in form to the health plan flexible spending account (FSA) with contributions to this account used to reimburse employees who are parents for expenses at a ...
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