Sentences with phrase «under this definition total»

The latter is much better, because under this definition total disability means the inability to work at your regular job.

Not exact matches

The «own occupation» rider modifies the definition of total disability under a basic plan, so you'll be considered totally disabled even if the insured is engaged in another gainful occupation.

The ninth and tenth deciles together (with market caps under about $ 400 million, a good definition of micro caps) account for less than 2 % of total market capitalization.

Because the definition of «health plan» excludes many types of insurance products (in the exclusion under paragraph (2)(i) of the definition), we would consider an entity that has one or more of these lines of insurance in addition to its health insurance lines to come within the definition of «hybrid entity,» because the other lines of business constitute substantial parts of the total business operation and are required to be separate from the health plan (s) part of the business.

If the policy is fully surrendered — which means by definition all principal and all gains were withdrawn (at once)-- any gains are fully taxable as ordinary income under IRC Section 72 (e)(5)(E), to the extent the total proceeds exceed the cost basis.

A total disability definition under an Any Occupation or Any Gainful Occupation policy refers to your inability to work in any occupations that you are able, based on your education and skills.