Any-occupation policy

Any-occupation policy,

Definition of Any-occupation policy:

  1. An any-occupation policy is a type of disability insurance which categorizes the kind of work for coverage purposes. Any-occupations coverage provides for when the insured is unable to work in a job that is reasonably suitable for them based on their education, experience, and age. .

  2. An any-occupation policy terminology, as used in disability insurance policies, identify the conditions under which a policyholder receives benefits. .

  3. A concept used to define disability with respect to insurance policies that pay policy holders who are unable to work. Using this concept, a person is disabled and eligible for benefits only if their disability prevents them from working in any occupation for which they are qualified.

Meaning of Any-occupation policy & Any-occupation policy Definition