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LSDefine

Simple English definitions for legal terms

disability clause

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A quick definition of disability clause:

A disability clause is a part of a life insurance policy that says if the person who bought the policy becomes disabled and can't work, they don't have to pay the premiums anymore. Sometimes, the policy will also give the person some money every month based on how much the policy is worth.

A more thorough explanation:

A disability clause is a provision in a life insurance policy that allows the policyholder to waive premiums during a period of disability. In some cases, the clause may also provide for monthly payments equal to a percentage of the policy's face value.

John has a life insurance policy with a disability clause. He becomes disabled and is unable to work for six months. During this time, he is unable to pay his insurance premiums. However, because of the disability clause in his policy, his premiums are waived, and his coverage remains in effect. Additionally, he receives monthly payments equal to a percentage of his policy's face value to help cover his living expenses.

This example illustrates how a disability clause can provide financial support to policyholders who become disabled and unable to work. It ensures that their life insurance coverage remains in effect, even if they are unable to pay premiums, and provides additional financial assistance to help cover their expenses during a difficult time.

DISA | disability compensation

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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