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permanent health insurance

   Also found in: Acronyms 0.01 sec.
permanent health insurance
n
(Business / 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


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Insuring against loss of income Income protection policies (formerly called permanent health insurance, PHI) will pay a regular income, usually after a set period of time, to policyholders who are unable to work due to 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.
Permanent Health Insurance Professional Insurance for Health & Medical As a freelancer, you fulfill not the safety enmesh of a lasting gaffer to legal tender for sick leave.
 
 
 
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