permanent health insurance


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permanent health insurance

n
(Insurance) a form of insurance that provides up to 75 per cent of a person's salary, until retirement, in case of prolonged illness or disability
References in periodicals archive ?
We are looking for a Sole Provider or Broker of Permanent Health Insurance Services to suit the changing needs of the business and its Employees.
I was not doing anything illegal and the company, under the permanent health insurance contract, does owe me a living, contrary to Maureen Messent's biased opinionse.
A Firstly, income protection or permanent health insurance is the most important.
Tenders are invited for Provision of Permanent Health Insurance Service.
AYOU'LL find that permanent health insurance providers run a variety of schemes.
At Morgan Cole, we are therefore advising employers to: Consider whether they still want a compulsory retirement age and if so whether they can objectively justify it; review all the employees who are approaching retirement age and identify if those employees can be given notice of retirement in accordance with the transitional arrangements; look at benefits such as pension, life assurance, permanent health insurance and private medical insurance and ascertain the likely cost of continuing those benefits for employees aged 65 and over; revisit contracts of employment and handbooks and consider what amendments will need to be made.
A Look at what your employer will provide first in terms of sick pay then consider Permanent Health Insurance (Income Protection) to give you additional long-term cover.
It is a policy, also known as Permanent Health Insurance, which will pay you a tax-free monthly income, during periods when you are unable to work due to long-term sickness, accident or injury.
Premiums depend on age and circumstances, but this type of cover - which can also be called Permanent Health Insurance (PHI) - can be cheaper than the big lenders' far less generous PPI policies.
Ms McNallen, of Petersfield, Hampshire, is now on long-term sick leave and receives 75 per cent of her pre-bonus salary of pounds 80,000 under the bank's permanent health insurance scheme.
Smokers have already been discriminated against in other areas of insurance,including permanent health insurance and critical illness,and it may not be too long before private medical insurers also follow this route.
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