Mr Osborne faced fresh criticism over welfare cuts after it emerged he wanted to slash at least # 2.5 bn from the budget for long -
term sickness benefits.
It will aim to help not just people who are temporarily out of work, but those who are long - term unemployed - the almost five million people on out of work benefits, including those on long -
term sickness benefits.
Not exact matches
«Our reforms will put an end to people being left on
sickness benefits year after year; they will eradicate the trap that has left so many better off on
benefits than in work; and they will ensure the
benefits bill is sustainable over the longer
term... I am proud of this record.
Disability Income - Long -
Term - policies that provide a weekly or monthly income
benefit for more than five years for individual coverage and more than one year for group coverage for full or partial disability arising from accident and / or
sickness.
Our Diplomat Long
Term plan provides Accident and
Sickness medical coverage, Accidental Death and Dismemberment
benefits, Travel Assistance and much more.
Disability Income - Short -
Term - policies that provide a weekly or monthly income
benefit for up to five years for individual coverage and up to one year for group coverage for full or partial disability arising from accident and / or
sickness.
The Bottom Line: This is long -
term travel medical insurance for people traveling outside their home country for a minimum of 3 months, which means it is complete accident and
sickness medical coverage with package - like
benefits that provide financial protection against travel - related risks.
If care were to continue over an extended period of years inflation would gradually erode the
benefit and the policy holder would be forced to make up the difference from their own pocket — which in the case of long -
term disability or
sickness might eventually become impracticable or even impossible for the policy holder.
The FirstLIFE Advisor that will explain the various life insurance options to you, and will also be able to introduce you to other
benefits, such as Disability Cover, the
Sickness and Permanent Incapacity
Benefit, Critical Illness benefit as well as our Short Term Insurance and Medical Aid products should yo
Benefit, Critical Illness
benefit as well as our Short Term Insurance and Medical Aid products should yo
benefit as well as our Short
Term Insurance and Medical Aid products should you wish.
The monthly
benefit maximum is typically lower than with long
term coverage and the elimination period is short, with the quickest elimination period being 0 days for an accident and 7 days for a
sickness.
To make sure the death or
sickness benefits are approved with ease, you need to ensure all the
terms of policy agreement are followed.
Long -
term disability works by providing an income replacement
benefit if you suffer a disability due to
sickness or injury.
Once you file a claim, your short -
term disability insurance provides a temporary income
benefit from the insurance company that is triggered upon a qualifying disability from an accident or
sickness to help get through the longer elimination period of long
term disability insurance, assuming you have it.