Noncancellable Disability Income Insurance
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Noncancellable Disability Income Insurance
Type of disability income insurance that provides income payments to the wage earner when income is interrupted or terminated because of illness, sickness, or accident and can continue to remain in force at the option of the insurer until some stipulated age has been reached.
| Nonboard Company, Nonassignable Policy, Nonassessable Policy | |
| Noncancellable Guaranteed Renewable Policy, Noncancellable Insurance Policy, Nonconcurrency |
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Noncancellable Disability Income Insurance
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Barron's Insurance Dictionary
Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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