InsuranceConcealment Policy Holder Pure risk Term Insurance Rider War risk Cost-to-repair basis
Permanent disability
A debilitating condition that renders an individual incapable of continuing their employment for the remainder of their life. This can be caused by a variety of factors, such as a severe injury or chronic illness. In these cases, it is important to have financial protection in the form of disability insurance to ensure financial stability for the affected individual and their family. Without proper coverage, the loss of income can have significant and long-lasting consequences. Therefore, it is crucial to carefully consider and plan for disability insurance as a part of one's overall financial strategy.
Related terms
Understand the meaning and definition of Concealment in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Policy Holder in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Pure risk in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Term Insurance Rider in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of War risk in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Cost-to-repair basis in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
