- income protection insurance
- income protection insurance UK US noun [U]► INSURANCE INCOME INSURANCE(Cf. ↑income insurance)
Financial and business terms. 2012.
Financial and business terms. 2012.
Income protection insurance — (IPI) is a UK insurance policy paying benefits to policyholders who are incapacitated and hence unable to work due to illness or accident. IPI policies were formerly called Permanent Health Insurance (PHI).Relevant concepts* Incapacity will be… … Wikipedia
group income protection insurance — /gru:p ˌɪnkʌm prə tekʃ(ə)n ɪnˌʃυərəns/ noun insurance for a group of people which gives them a replacement income when they are sick or incapacitated … Dictionary of banking and finance
Payment protection insurance — Payment protection insurance, (also known as PPI, credit protection insurance, loan repayment insurance, not to be confused with income protection or credit card cover) is an insurance product that is often designed to cover a debt that is… … Wikipedia
Asset protection insurance — Introduction A proper asset protection strategy prevents creditors from gaining access to assets. The basic areas of need encompassing asset protection are: litigation and creditor protection, sovereignty protection, succession and… … Wikipedia
Family Income Benefit Insurance — pays a monthly income if the policyholder dies whilst the policy is in force. The monthly income will continue at the level specified in the policy until the policy s termination date. These payments can either be index linked to rise to in line… … Wikipedia
Protection and indemnity insurance — Protection and indemnity insurance, commonly known as P I, is a form of marine insurance provided by a P I Club. A P I Club is a mutual (i.e. co operative) insurance association that provides cover for its members, who will typically be ship… … Wikipedia
income insurance — ➔ insurance * * * income insurance UK US noun [U] (also income protection insurance) ► INSURANCE a type of insurance that protects someone if they lose income because of health or other problems: »The income insurance scheme has proved popular… … Financial and business terms
Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… … Wikipedia
insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… … Financial and business terms
protection — Level to which the capital is partially protected, below which the net asset value of a SGAM Flexible ETF may not fall in any rolling one year period. NYSE Euronext Glossary * * * protection pro‧tec‧tion [prəˈtekʆn] noun [uncountable] 1. the act … Financial and business terms