total and permanent disability insurance

noun

: insurance against loss due to inability to follow a gainful occupation because of mental or physical impairment classified as permanent under the terms of a life insurance policy usually after such disability has continued for a stated period (as six months)

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Cite this Entry

“Total and permanent disability insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/total%20and%20permanent%20disability%20insurance. Accessed 1 Dec. 2024.

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