Transplant Benefit
Definition of "Transplant benefit"
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.
Popular Insurance Terms
Same as term Canadian Institute of Actuaries: ...
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Need for an insurance policy to be paid up or to be paid for a minimum number of years before the insured is eligible to receive any benefits. This requirement is typically found in ...
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