Definition of "Transplant benefit"

Steve Littig real estate agent

Written by

Steve Littigelite badge icon

Simply Vegas

Total disability benefit in the form of a monthly income payment found in a disability income insurance policy to insured wage earners when their income has been interrupted or terminated due to total disability resulting from an organ transplant from the insured's body to the body of another individual.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Insurance coverages for businesses, commercial institutions, and professional organizations, as contrasted with personal insurance. ...

Policy provision that provides coverage for continuing payroll expense of all employees of an insured business (except for officers and executives) for the first specified number of days of ...

Life insurance company agency that sells ordinary life insurance and industrial life insurance. ...

Record of debit or industrial insurance policies. ...

Method of accident prevention whose objective is to detect system-component deficiencies that have the potential for causing accidents. ...

Company that provides access to the internet through electronic communications. ...

Negligent acts or omissions that result in actual or imagined bodily injury and/or property damage to a third party, who brings suit against a business firm and its representatives ...

Same as term Basic Limit of Liability: required minimum amounts of coverage that an insurance company will underwrite. For example, for auto liability coverage the minimum that many ...

Nonparticipating life insurance under which the first few annual premiums are smaller than would be the case under a traditional nonparticipating policy. While the maximum amount of these ...

Popular Insurance Questions