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LSDefine

Simple English definitions for legal terms

disability clause

Read a random definition: in-force patent

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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General

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ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
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