google bot detected Rehabilitation Benefit | Insurance Glossary |

Rehabilitation Benefit

Definition of "Rehabilitation benefit"

Sum provided by a disability income insurance that pays a multiple of the monthly indemnity to cover the costs associated with a retraining course attended by the insured wage earner when the wage earner's income is interrupted or terminated because of illness, sickness, or accident. This retraining course is designed to enable the disabled worker to be retrained to perform another economic function.

Related Real Estate Glossary terms

Related Real Estate FAQ