"Income continuation" refers to the ability of a person to continue receiving money or earning an income over a period of time, usually after experiencing an interruption or change in their financial situation.
Sentences with «income continuation»
Income Continuation Benefit: A regular income is paid if the policyholder experiences a loss of income upon injury or illness rendering him or her incapable of performing his or her nominated occupation. (life-insurance-online.co.za)
No regulations prescribing income continuation or replacement plans existed. (slaw.ca)
~ The Insurance Act's provisions excluding subrogation in cases where the insured receives income continuation or replacement payments apply where the party paying the benefits is an insurer under an insurance contract, but do not extend to employers ~ (slaw.ca)