Vested Benefit

Definition of "Vested benefit"

Entitlement of a participant in an employee benefit insurance plan to receive benefits regardless of his or her employment status.

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Person who will become the beneficiary if the original beneficiary dies before the insured. It is t ...

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Work-related accident. Occupational accidents that injure employees are the responsibility of the em ...

Net Interest Earned

Average interest earned by an insurer on its investments after investment expense, but before federa ...

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